Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

29 properties
2023
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Median Price
RM 300,000
PSF: RM 193

Residential Market

Median Price

RM 300,000

IQR: RM 72
MAD: RM 38
RM 193 PSF 11.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 277,500

IQR: RM 29
MAD: RM 17
RM 189 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA JAYA (AERONOTIK TAIPAN) in Melaka Tengah, Melaka recorded 29 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 193.

This area contains both residential and commercial properties. View 65 residential properties or 24 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 156K to RM 444K, and a typical market range of RM 229K to RM 371K.

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

Price per square foot shows a median of RM 193, though individual units vary from RM 139 to RM 247 in the core range. The broader market spans RM 156.88 to RM 229.13, indicating diverse property characteristics. A wider spread (IQR: RM 72.25) and deviation (MAD: RM 54) 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 JAYA (AERONOTIK TAIPAN), Melaka Tengah, Melaka

OSM

Transactions

29 properties found

Double Storey Shop JALAN MJ 43
RM 285,000
1,539 sqft Dec 2023
RM 185.00 PSF
Double Storey Terraced JLN MJ 13
RM 300,000
1,195 sqft Dec 2023
RM 251.00 PSF
Single Storey Terraced JLN MJ 46
RM 273,000
1,582 sqft Nov 2023
RM 173.00 PSF
Double Storey Terraced JLN MJ 9
RM 350,000
1,399 sqft Nov 2023
RM 250.00 PSF
Single Storey Terraced JLN MJ 56
RM 455,000
4,219 sqft Sep 2023
RM 108.00 PSF
Double Storey Shop JLN MJ 47
RM 255,000
1,195 sqft Sep 2023
RM 213.00 PSF
Single Storey Terraced JALAN MJ 16
RM 310,000
1,604 sqft Aug 2023
RM 193.00 PSF
Single Storey Terraced JLN MJ 56/1
RM 455,000
4,219 sqft Aug 2023
RM 108.00 PSF
Double Storey Shop JLN MJ 35
RM 270,000
1,539 sqft Aug 2023
RM 175.00 PSF
Double Storey Shop JLN MJ 35
RM 325,000
1,539 sqft Aug 2023
RM 211.00 PSF
Single Storey Terraced JALAN MJ 7
RM 270,000
1,399 sqft Jul 2023
RM 193.00 PSF
Single Storey Terraced JLN MJ 14
RM 300,000
2,293 sqft Jul 2023
RM 131.00 PSF
Single Storey Terraced TMN MERDEKA JAYA
RM 360,000
1,765 sqft Jul 2023
RM 204.00 PSF
Single Storey Terraced JLN MJ 56/1
RM 474,000
4,628 sqft Jun 2023
RM 102.00 PSF
Double Storey Terraced JALAN MJ 40
RM 410,000
1,539 sqft Jun 2023
RM 266.00 PSF
Single Storey Terraced JALAN MJ
RM 260,000
1,399 sqft May 2023
RM 186.00 PSF
Double Storey Shop JLN MJ 42
RM 220,000
1,539 sqft May 2023
RM 143.00 PSF
Double Storey Terraced JLN MJ 2
RM 200,000
1,399 sqft May 2023
RM 143.00 PSF
3-Storey Storey Shop JLN MJ 40
RM 450,000
2,336 sqft May 2023
RM 193.00 PSF
Cluster House JLN MJ 25
RM 130,000
678 sqft May 2023
RM 192.00 PSF
Double Storey Shop JALAN MJ 43
RM 260,000
1,539 sqft Apr 2023
RM 169.00 PSF
Cluster House JLN MJ 28
RM 140,000
646 sqft Apr 2023
RM 217.00 PSF
Cluster House JALAN MJ 25
RM 120,000
646 sqft Mar 2023
RM 186.00 PSF
Double Storey Terraced JLN MJ 10
RM 380,000
1,399 sqft Feb 2023
RM 272.00 PSF
4-Storey Storey Shop JLN MJ 33
RM 850,000
2,336 sqft Feb 2023
RM 364.00 PSF
Town House
RM 135,000
646 sqft Feb 2023
RM 209.00 PSF
Single Storey Terraced TMN MERDEKA JAYA
RM 345,000
1,765 sqft Jan 2023
RM 195.00 PSF
Double Storey Terraced LRG 1
RM 300,000
1,195 sqft Jan 2023
RM 251.00 PSF
Cluster House JALAN MJ 28
RM 120,000
646 sqft Jan 2023
RM 186.00 PSF