Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

17 properties
Double Storey Shop
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Median Price
RM 300,000
PSF: RM 195

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 300,000

IQR: RM 29
MAD: RM 17
RM 195 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA JAYA (AERONOTIK TAIPAN) in Melaka Tengah, Melaka recorded 17 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 195.

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 222K to RM 378K, and a typical market range of RM 229K to RM 371K.

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

Price per square foot shows a median of RM 195, though individual units vary from RM 145 to RM 245 in the core range. The broader market spans RM 158.88 to RM 231.13, indicating diverse property characteristics. A wider spread (IQR: RM 72.25) and deviation (MAD: RM 50) 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. 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

17 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 255,000
JLN MJ 47
1,195 sqft · RM 213.00 PSF
Sep 2023
1,550 sqft
16 units (showing 6) Double Storey Shop
RM 300,000
JLN MJ 36
1,539 sqft · RM 195.00 PSF
Jan 2025
RM 300,000
JLN MJ
1,539 sqft · RM 195.00 PSF
Oct 2024
RM 290,000
JLN MJ 36
1,539 sqft · RM 188.00 PSF
Aug 2024
RM 300,000
JLN MJ 36
1,539 sqft · RM 195.00 PSF
Jul 2024
RM 380,000
JALAN MJ 43
1,539 sqft · RM 247.00 PSF
May 2024
RM 320,000
JALAN MJ 43
1,539 sqft · RM 208.00 PSF
Apr 2024