Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

4 properties
2021
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Median Price
RM 310,000
PSF: RM 202

Residential Market

Median Price

RM 220,000

IQR: RM 72
MAD: RM 38
RM 181 PSF 11.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 310,000

IQR: RM 29
MAD: RM 17
RM 202 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA JAYA (AERONOTIK TAIPAN) in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 310K and a median price per square foot (PSF) of RM 202.

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 310K, with most transactions falling within a stable range of RM 214K to RM 340K, and a typical market range of RM 239K to RM 340K.

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

The median PSF stands at RM 202, with core pricing between RM 175 and RM 228. Market pricing typically extends from RM 165.38 to RM 237.63, reflecting moderate variation in unit pricing. With an IQR of RM 72.25 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERDEKA JAYA (AERONOTIK TAIPAN), Melaka Tengah, Melaka

OSM

Transactions

4 properties grouped by size

700 sqft
1 units Cluster House
RM 100,000
JALAN TMJ 25
678 sqft · RM 147.00 PSF
Apr 2021
1,550 sqft
2 units Double Storey Shop
RM 300,000
JLN MJ 37
1,539 sqft · RM 195.00 PSF
Nov 2021
RM 320,000
JLN MJ 37
1,539 sqft · RM 208.00 PSF
Nov 2021
1,600 sqft
1 units Single Storey Terraced
RM 340,000
JLN MJ 44
1,582 sqft · RM 215.00 PSF
Dec 2021