TMN MERDEKA
Residential Market
Median Price
RM 290,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 218,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
62 properties
Median Price
RM 255,000
+3.6% CAGR
Median PSF
RM 153.50
-1.5% CAGR
Double Storey Terraced
16 properties
Median Price
RM 324,000
-6.1% CAGR
Median PSF
RM 268.50
-13.1% CAGR
Double Storey Semi-D
7 properties
Median Price
RM 450,000
+10.7% CAGR
Median PSF
RM 163.00
-9.0% CAGR
Single Storey Semi-D
5 properties
Median Price
RM 407,500
+4.0% CAGR
Median PSF
RM 123.50
+24.1% CAGR
Double Storey Shop
4 properties
Median Price
RM 440,000
+1.6% CAGR
Median PSF
RM 238.00
-4.1% CAGR
Shop/Retail Lot
4 properties
Median Price
RM 201,500
+17.8% CAGR
Median PSF
RM 161.50
+69.2% CAGR
Low-Cost House
3 properties
Median Price
RM 117,500
-25.9% CAGR
Median PSF
RM 122.00
-36.2% CAGR
Detached
2 properties
Median Price
RM 700,000
+7.4% CAGR
Median PSF
RM 80.50
+1.9% CAGR
Flat
2 properties
Median Price
RM 81,500
Median PSF
RM 95.50
Single Storey Shop
1 properties
Median Price
RM 250,000
Median PSF
RM 156.00
Low-Cost Flat
1 properties
Median Price
RM 120,000
Median PSF
RM 172.00
Town House
1 properties
Median Price
RM 95,000
Median PSF
RM 136.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 62 |
RM 255,000
±4K MAD
|
+3.60% |
RM 153.50
±4 MAD
|
-1.52% | |
| Double Storey Terraced | 16 |
RM 324,000
±15K MAD
|
-6.09% |
RM 268.50
±20 MAD
|
-13.09% | |
| Double Storey Semi-D | 7 |
RM 450,000
±40K MAD
|
+10.71% |
RM 163.00
±20 MAD
|
-8.99% | |
| Single Storey Semi-D | 5 |
RM 407,500
±25K MAD
|
+4.00% |
RM 123.50
±29 MAD
|
+24.15% | |
| Double Storey Shop | 4 |
RM 440,000
±20K MAD
|
+1.56% |
RM 238.00
±28 MAD
|
-4.09% | |
| Shop/Retail Lot | 4 |
RM 201,500
±17K MAD
|
+17.84% |
RM 161.50
±42 MAD
|
+69.17% | |
| Low-Cost House | 3 |
RM 117,500
±18K MAD
|
-25.93% |
RM 122.00
±27 MAD
|
-36.24% | |
| Detached | 2 |
RM 700,000
±50K MAD
|
+7.42% |
RM 80.50
±2 MAD
|
+1.88% | |
| Flat | 2 |
RM 81,500
|
- |
RM 95.50
|
- | |
| Single Storey Shop | 1 |
RM 250,000
|
- |
RM 156.00
|
- | |
| Low-Cost Flat | 1 |
RM 120,000
|
- |
RM 172.00
|
- | |
| Town House | 1 |
RM 95,000
|
- |
RM 136.00
|
- |
TMN MERDEKA in Melaka Tengah, Melaka recorded 24 subsale transactions in 2023, with a median price of RM 288K and a median price per square foot (PSF) of RM 196.
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 288K, with most transactions falling within a stable range of RM 209K to RM 366K, and a typical market range of RM 235K to RM 340K.
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 196, though individual units vary from RM 133 to RM 258 in the core range. The broader market spans RM 157.13 to RM 233.88, 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.
Filter by type, year, price, and size
Transactions
24 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 118,000
|
RM 139.00
|
850 sqft
|
Sep 2023
|
|
JLN M 11
|
RM 315,000
|
RM 329.00
|
958 sqft
|
Oct 2023
|
|
|
JLN M11
|
RM 260,000
|
RM 271.00
|
958 sqft
|
Sep 2023
|
|
RM 218,000
|
RM 203.00
|
1,076 sqft
|
Jul 2023
|
||
|
RM 220,000
|
RM 204.00
|
1,076 sqft
|
Jul 2023
|
|
LRG 1
|
RM 400,000
|
RM 320.00
|
1,249 sqft
|
Nov 2023
|
|
|
LRG 1
|
RM 350,000
|
RM 278.00
|
1,259 sqft
|
Nov 2023
|
|
JLN TEMBUSU 6
|
RM 240,000
|
RM 156.00
|
1,539 sqft
|
Dec 2023
|
Single Storey Terraced |
|
JALAN M 22
|
RM 420,000
|
RM 273.00
|
1,539 sqft
|
Nov 2023
|
Double Storey Terraced |
|
JALAN M 24
|
RM 235,000
|
RM 153.00
|
1,539 sqft
|
Oct 2023
|
Single Storey Terraced |
|
JLN M43
|
RM 365,000
|
RM 237.00
|
1,539 sqft
|
Oct 2023
|
Single Storey Terraced |
|
JALAN M22
|
RM 350,000
|
RM 227.00
|
1,539 sqft
|
Sep 2023
|
Single Storey Terraced |
|
JALAN M37
|
RM 285,000
|
RM 185.00
|
1,539 sqft
|
Sep 2023
|
Single Storey Terraced |
|
JALAN M10
|
RM 440,000
|
RM 210.00
|
2,099 sqft
|
Mar 2023
|
|
JALAN M19
|
RM 450,000
|
RM 183.00
|
2,454 sqft
|
Jul 2023
|
|
JLN MERANTI 8
|
RM 255,000
|
RM 82.00
|
3,111 sqft
|
Jan 2023
|
|
JLN MERANTI 6
|
RM 290,000
|
RM 83.00
|
3,509 sqft
|
Aug 2023
|