Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

3 properties
Single Storey Shop
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Median Price
RM 187,000
PSF: RM 157

Residential Market

Median Price

RM 315,000

IQR: RM 72
MAD: RM 38
RM 204 PSF 11.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 187,000

IQR: RM 29
MAD: RM 17
RM 157 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA JAYA (AERONOTIK TAIPAN) in Melaka Tengah, Melaka recorded 3 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 187K and a median price per square foot (PSF) of RM 157.

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 187K, with most transactions falling within a stable range of RM 156K to RM 218K, and a typical market range of RM 150K to RM 225K.

Within the Single Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 157, with core pricing between RM 132 and RM 182. Market pricing typically extends from RM 120.88 to RM 193.13, reflecting moderate variation in unit pricing. The spread of RM 72.25 (IQR) and deviation of RM 25 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

3 properties grouped by size

1,200 sqft
3 units Single Storey Shop
RM 150,000
JLN MJ 48
1,195 sqft · RM 126.00 PSF
Jan 2025
RM 187,000
JLN MJ 49
1,195 sqft · RM 157.00 PSF
Feb 2024
RM 225,000
JALAN MJ 51
1,195 sqft · RM 188.00 PSF
Aug 2022