Area Intelligence

TMN MERDEKA

32 properties
2022
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Median Price
RM 285,000
PSF: RM 166

Residential Market

Median Price

RM 280,000

IQR: RM 72
MAD: RM 39
RM 162 PSF 5.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 500,000

IQR: RM 62
MAD: RM 50
RM 283 PSF 4.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA in Melaka Tengah, Melaka recorded 32 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 166.

This area contains both residential and commercial properties. View 71 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 177K to RM 393K, and a typical market range of RM 233K to RM 337K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 166, though individual units vary from RM 104 to RM 227 in the core range. The broader market spans RM 127.13 to RM 203.88, indicating diverse property characteristics. A wider spread (IQR: RM 76.75) and deviation (MAD: RM 62) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN MERDEKA, Melaka Tengah, Melaka

OSM

Transactions

32 properties grouped by size

700 sqft
1 units Low-Cost Flat
RM 120,000
700 sqft · RM 172.00 PSF
Jan 2022
850 sqft
2 units Flat
RM 88,000
850 sqft · RM 103.00 PSF
Jul 2022
RM 75,000
850 sqft · RM 88.00 PSF
Mar 2022
950 sqft
2 units Double Storey Terraced
RM 280,000
JLN M 11
958 sqft · RM 292.00 PSF
Dec 2022
RM 248,000
JLN M 11
958 sqft · RM 259.00 PSF
Nov 2022
1,550 sqft
16 units (showing 6)
RM 300,000
Single Storey Terraced MERTANTI 3
1,539 sqft · RM 195.00 PSF
Dec 2022
RM 450,000
Double Storey Terraced LORONG 2
1,539 sqft · RM 292.00 PSF
Dec 2022
RM 250,000
Single Storey Terraced JALAN TEMBUSU 6
1,539 sqft · RM 162.00 PSF
Dec 2022
RM 220,000
Single Storey Terraced JALAN CENGAL 1
1,539 sqft · RM 143.00 PSF
Nov 2022
RM 260,000
Single Storey Terraced JLN TEMBUSU
1,539 sqft · RM 169.00 PSF
Oct 2022
RM 280,000
Single Storey Terraced JALAN PEGAGA 5
1,539 sqft · RM 182.00 PSF
Sep 2022
1,750 sqft
4 units
RM 538,000
Double Storey Shop JLN PEGAGA
1,765 sqft · RM 305.00 PSF
Nov 2022
RM 300,000
Single Storey Terraced JLN MERDEKA
1,765 sqft · RM 170.00 PSF
Jul 2022
RM 500,000
Double Storey Shop JLN M1
1,765 sqft · RM 283.00 PSF
Jul 2022
RM 255,000
Single Storey Terraced JALAN JATI 1
1,765 sqft · RM 144.00 PSF
Mar 2022
2,100 sqft
1 units Double Storey Semi-D
RM 420,000
JALAN M13
2,099 sqft · RM 200.00 PSF
Jun 2022
2,250 sqft
1 units Single Storey Terraced
RM 300,000
LRNG CENGAL 1/2
2,239 sqft · RM 134.00 PSF
May 2022
2,600 sqft
1 units Double Storey Terraced
RM 320,000
LRG 1
2,594 sqft · RM 123.00 PSF
Jun 2022
2,750 sqft
1 units Double Storey Terraced
RM 320,000
LRG 1
2,766 sqft · RM 116.00 PSF
Aug 2022
3,200 sqft
2 units
RM 400,000
Double Storey Semi-D JALAN M 11
3,186 sqft · RM 126.00 PSF
Sep 2022
RM 300,000
Single Storey Terraced JALAN TEMBUSU 10
3,186 sqft · RM 94.00 PSF
Feb 2022
3,700 sqft
1 units Double Storey Terraced
RM 450,000
JLN M 34
3,714 sqft · RM 121.00 PSF
Sep 2022