Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

31 properties
Double Storey Terraced
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Median Price
RM 360,000
PSF: RM 251

Residential Market

Median Price

RM 360,000

IQR: RM 72
MAD: RM 38
RM 251 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 31 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 360K and a median price per square foot (PSF) of RM 251.

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 360K, with most transactions falling within a stable range of RM 277K to RM 443K, and a typical market range of RM 289K to RM 431K.

Within the Double Storey Terraced 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 251, though individual units vary from RM 201 to RM 301 in the core range. The broader market spans RM 214.88 to RM 287.13, indicating diverse property characteristics. The spread of RM 72.25 (IQR) and deviation of RM 50 (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.

Area Location

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

OSM

Transactions

31 properties grouped by size

1,200 sqft
4 units Double Storey Terraced
RM 300,000
JALAN MJ 18
1,195 sqft · RM 251.00 PSF
Jan 2024
RM 300,000
JLN MJ 13
1,195 sqft · RM 251.00 PSF
Dec 2023
RM 300,000
LRG 1
1,195 sqft · RM 251.00 PSF
Jan 2023
RM 350,000
JALAN MJ 12
1,195 sqft · RM 293.00 PSF
Sep 2022
1,300 sqft
1 units Double Storey Terraced
RM 250,000
JLN MJ 45
1,302 sqft · RM 192.00 PSF
Dec 2022
1,400 sqft
16 units (showing 6) Double Storey Terraced
RM 450,000
JALAN MJ 9
1,399 sqft · RM 322.00 PSF
Feb 2025
RM 450,000
JALAN MJ 11
1,399 sqft · RM 322.00 PSF
Jan 2025
RM 398,000
JLN MJ 1
1,399 sqft · RM 284.00 PSF
Nov 2024
RM 360,000
JALAN MJ 1
1,399 sqft · RM 257.00 PSF
Oct 2024
RM 348,000
JALAN MJ 5
1,399 sqft · RM 249.00 PSF
Oct 2024
RM 350,000
JALAN MJ 2
1,399 sqft · RM 250.00 PSF
Sep 2024
1,550 sqft
3 units Double Storey Terraced
RM 350,000
JALAN MJ 39
1,539 sqft · RM 227.00 PSF
May 2024
RM 410,000
JALAN MJ 40
1,539 sqft · RM 266.00 PSF
Jun 2023
RM 400,000
JALAN MJ 39
1,539 sqft · RM 260.00 PSF
Oct 2022
1,750 sqft
1 units Double Storey Terraced
RM 460,000
JLN MJ 3
1,755 sqft · RM 262.00 PSF
Dec 2022
1,950 sqft
1 units Double Storey Terraced
RM 450,000
JLN MJ 9
1,927 sqft · RM 234.00 PSF
Sep 2022
2,300 sqft
2 units Double Storey Terraced
RM 450,000
JLN MJ 18
2,293 sqft · RM 196.00 PSF
Aug 2022
RM 380,000
JALAN MJ 17
2,293 sqft · RM 166.00 PSF
Aug 2022
2,550 sqft
1 units Double Storey Terraced
RM 315,000
JALAN MJ 15
2,573 sqft · RM 122.00 PSF
Mar 2022
2,600 sqft
1 units Double Storey Terraced
RM 450,000
JLN MJ 2
2,605 sqft · RM 173.00 PSF
Jun 2022
2,700 sqft
1 units Double Storey Terraced
RM 650,000
JLN MJ 6
2,691 sqft · RM 242.00 PSF
Sep 2024