TMN MERDEKA JAYA (AERONOTIK TAIPAN)
Residential Market
Median Price
RM 307,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 260,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
31 properties
Median Price
RM 375,000
+4.9% CAGR
Median PSF
RM 254.00
+17.6% CAGR
Single Storey Terraced
21 properties
Median Price
RM 327,500
+2.1% CAGR
Median PSF
RM 196.00
+2.5% CAGR
Double Storey Shop
17 properties
Median Price
RM 300,000
-0.8% CAGR
Median PSF
RM 195.00
-0.8% CAGR
Cluster House
9 properties
Median Price
RM 127,500
+9.1% CAGR
Median PSF
RM 168.00
-16.4% CAGR
Town House
4 properties
Median Price
RM 120,000
Median PSF
RM 199.00
+4.7% CAGR
Single Storey Shop
3 properties
Median Price
RM 187,000
-12.6% CAGR
Median PSF
RM 157.00
-12.5% CAGR
3-Storey Storey Shop
3 properties
Median Price
RM 442,500
-3.3% CAGR
Median PSF
RM 237.75
+46.4% CAGR
Single Storey Semi-D
1 properties
Median Price
RM 520,000
Median PSF
RM 163.00
4-Storey Storey Shop
1 properties
Median Price
RM 850,000
Median PSF
RM 364.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 31 |
RM 375,000
±33K MAD
|
+4.89% |
RM 254.00
±30 MAD
|
+17.60% | |
| Single Storey Terraced | 21 |
RM 327,500
±28K MAD
|
+2.14% |
RM 196.00
±19 MAD
|
+2.47% | |
| Double Storey Shop | 17 |
RM 300,000
±10K MAD
|
-0.82% |
RM 195.00
±7 MAD
|
-0.82% | |
| Cluster House | 9 |
RM 127,500
±3K MAD
|
+9.14% |
RM 168.00
±27 MAD
|
-16.36% | |
| Town House | 4 |
RM 120,000
|
- |
RM 199.00
±10 MAD
|
+4.71% | |
| Single Storey Shop | 3 |
RM 187,000
±37K MAD
|
-12.64% |
RM 157.00
±31 MAD
|
-12.49% | |
| 3-Storey Storey Shop | 3 |
RM 442,500
±8K MAD
|
-3.33% |
RM 237.75
±45 MAD
|
+46.37% | |
| Single Storey Semi-D | 1 |
RM 520,000
|
- |
RM 163.00
|
- | |
| 4-Storey Storey Shop | 1 |
RM 850,000
|
- |
RM 364.00
|
- |
TMN MERDEKA JAYA (AERONOTIK TAIPAN) in Melaka Tengah, Melaka recorded 23 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 188.
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 184K to RM 416K, 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 188, though individual units vary from RM 142 to RM 234 in the core range. The broader market spans RM 151.88 to RM 224.13, indicating diverse property characteristics. The spread of RM 72.25 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.
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
23 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
|
RM 120,000
|
RM 186.00
|
646 sqft
|
May 2022
|
Town House |
|
JALAN MJ 23
|
RM 130,000
|
RM 201.00
|
646 sqft
|
Mar 2022
|
Cluster House |
|
JALAN MJ 23
|
RM 140,000
|
RM 217.00
|
646 sqft
|
Mar 2022
|
Cluster House |
|
JLN MJ 26
|
RM 110,000
|
RM 170.00
|
646 sqft
|
Jan 2022
|
Cluster House |
|
RM 120,000
|
RM 177.00
|
678 sqft
|
May 2022
|
|
JALAN MJ 14
|
RM 250,000
|
RM 209.00
|
1,195 sqft
|
Dec 2022
|
Single Storey Terraced |
|
JALAN MJ 12
|
RM 350,000
|
RM 293.00
|
1,195 sqft
|
Sep 2022
|
Double Storey Terraced |
|
JALAN MJ 51
|
RM 225,000
|
RM 188.00
|
1,195 sqft
|
Aug 2022
|
Single Storey Shop |
|
JLN MJ 45
|
RM 250,000
|
RM 192.00
|
1,302 sqft
|
Dec 2022
|
|
JALAN MJ 7
|
RM 250,000
|
RM 179.00
|
1,399 sqft
|
Nov 2022
|
Single Storey Terraced |
|
JALAN MJ 16
|
RM 280,000
|
RM 200.00
|
1,399 sqft
|
Feb 2022
|
Double Storey Terraced |
|
JALAN MJ 39
|
RM 400,000
|
RM 260.00
|
1,539 sqft
|
Oct 2022
|
Double Storey Terraced |
|
JLN MJ 36
|
RM 260,000
|
RM 169.00
|
1,539 sqft
|
Jun 2022
|
Double Storey Shop |
|
JLN MJ 37
|
RM 300,000
|
RM 195.00
|
1,539 sqft
|
Jan 2022
|
Double Storey Shop |
|
JLN MJ 3
|
RM 460,000
|
RM 262.00
|
1,755 sqft
|
Dec 2022
|
|
JLN MJ 9
|
RM 450,000
|
RM 234.00
|
1,927 sqft
|
Sep 2022
|
|
JALAN MJ 17
|
RM 380,000
|
RM 166.00
|
2,293 sqft
|
Aug 2022
|
Double Storey Terraced |
|
JLN MJ 18
|
RM 450,000
|
RM 196.00
|
2,293 sqft
|
Aug 2022
|
Double Storey Terraced |
|
JLN MJ 14
|
RM 300,000
|
RM 131.00
|
2,293 sqft
|
Jul 2022
|
Single Storey Terraced |
|
JALAN MJ 15
|
RM 315,000
|
RM 122.00
|
2,573 sqft
|
Mar 2022
|
|
JLN MJ 2
|
RM 450,000
|
RM 173.00
|
2,605 sqft
|
Jun 2022
|
|
JALAN MJ 46
|
RM 340,000
|
RM 108.00
|
3,143 sqft
|
Jul 2022
|
|
JLN MJ
|
RM 462,000
|
RM 105.00
|
4,392 sqft
|
Jun 2022
|