Area Intelligence

TMN MERDEKA JAYA

15 properties
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Median Price
RM 428,000
PSF: RM 214

Commercial Market

Median Price

RM 428,000

IQR: RM 57
MAD: RM 5
RM 214 PSF 11.8%

PSF Trends (2021-2025)

TMN MERDEKA JAYA in Melaka Tengah, Melaka recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 428K and a median price per square foot (PSF) of RM 214.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 428K, with most transactions falling within a stable range of RM 418K to RM 438K, and a typical market range of RM 379K to RM 438K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 214, with most transactions between RM 209 and RM 219. The usual range is RM 185.75 to RM 242.25, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERDEKA JAYA, Melaka Tengah, Melaka

OSM

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Transactions

15 properties grouped by size

2,000 sqft
14 units (showing 6) Terraced Factory
RM 320,000
JALAN MJ 58
2,002 sqft · RM 160.00 PSF
Aug 2024
RM 350,000
JALAN MJ 57
2,002 sqft · RM 175.00 PSF
Jun 2024
RM 268,000
JLN MJ 58
2,002 sqft · RM 134.00 PSF
Feb 2024
RM 240,000
JLN MJ 55
2,002 sqft · RM 120.00 PSF
Jan 2024
RM 438,000
JALAN MJ 58
2,002 sqft · RM 219.00 PSF
May 2023
RM 438,000
JALAN MERDEKA JAYA 58
2,002 sqft · RM 219.00 PSF
Aug 2022
3,500 sqft
1 units Terraced Factory
RM 400,000
JLN MJ 57
3,488 sqft · RM 115.00 PSF
Jun 2023