Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

9 properties
Cluster House
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Median Price
RM 130,000
PSF: RM 186

Residential Market

Median Price

RM 130,000

IQR: RM 72
MAD: RM 38
RM 186 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 9 Cluster House properties subsale transactions between 2021 and 2025 for cluster house properties, with a median price of RM 130K and a median price per square foot (PSF) of RM 186.

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 130K, with most transactions falling within a stable range of RM 117K to RM 140K, and a typical market range of RM 100K to RM 140K.

Within the Cluster House 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 186, though individual units vary from RM 147 to RM 225 in the core range. The broader market spans RM 149.88 to RM 222.13, indicating diverse property characteristics. The spread of RM 72.25 (IQR) and deviation of RM 39 (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

9 properties grouped by size

650 sqft
6 units Cluster House
RM 140,000
JLN MJ 28
646 sqft · RM 217.00 PSF
Apr 2023
RM 120,000
JALAN MJ 25
646 sqft · RM 186.00 PSF
Mar 2023
RM 120,000
JALAN MJ 28
646 sqft · RM 186.00 PSF
Jan 2023
RM 130,000
JALAN MJ 23
646 sqft · RM 201.00 PSF
Mar 2022
RM 140,000
JALAN MJ 23
646 sqft · RM 217.00 PSF
Mar 2022
RM 110,000
JLN MJ 26
646 sqft · RM 170.00 PSF
Jan 2022
700 sqft
2 units Cluster House
RM 130,000
JLN MJ 25
678 sqft · RM 192.00 PSF
May 2023
RM 100,000
JALAN TMJ 25
678 sqft · RM 147.00 PSF
Apr 2021
1,500 sqft
1 units Cluster House
RM 130,000
JALAN MJ 21
1,518 sqft · RM 86.00 PSF
Jan 2024