Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

1 properties
4-Storey Storey Shop
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Median Price
RM 850,000
PSF: RM 364

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 850,000

IQR: RM 29
MAD: RM 17
RM 364 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA JAYA (AERONOTIK TAIPAN) in Melaka Tengah, Melaka recorded 1 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 850K and a median price per square foot (PSF) of RM 364.

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.

Within the 4-Storey Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 364, with most transactions between RM 364 and RM 364. The usual range is RM 327.88 to RM 400.13, showing that most units are priced quite close to each other. With an IQR of RM 72.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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

1 properties grouped by size

2,350 sqft
1 units 4-Storey Storey Shop
RM 850,000
JLN MJ 33
2,336 sqft · RM 364.00 PSF
Feb 2023