Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

3 properties
3-Storey Storey Shop
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Median Price
RM 450,000
PSF: RM 273

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 450,000

IQR: RM 29
MAD: RM 17
RM 273 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA JAYA (AERONOTIK TAIPAN) in Melaka Tengah, Melaka recorded 3 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 450K and a median price per square foot (PSF) of RM 273.

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 450K, with most transactions falling within a stable range of RM 436K to RM 450K, and a typical market range of RM 420K to RM 450K.

Within the 3-Storey 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 273, with core pricing between RM 230 and RM 316. Market pricing typically extends from RM 236.88 to RM 309.13, reflecting moderate variation in unit pricing. The spread of RM 72.25 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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

1,550 sqft
2 units 3-Storey Storey Shop
RM 450,000
JALAN MJ 37
1,539 sqft · RM 292.00 PSF
Sep 2024
RM 420,000
JALAN MJ 33
1,539 sqft · RM 273.00 PSF
May 2024
2,350 sqft
1 units 3-Storey Storey Shop
RM 450,000
JLN MJ 40
2,336 sqft · RM 193.00 PSF
May 2023