Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

29 properties
2023
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Median Price
RM 300,000
PSF: RM 193

Residential Market

Median Price

RM 300,000

IQR: RM 72
MAD: RM 38
RM 193 PSF 11.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 277,500

IQR: RM 29
MAD: RM 17
RM 189 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERDEKA JAYA (AERONOTIK TAIPAN) in Melaka Tengah, Melaka recorded 29 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 193.

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 156K to RM 444K, and a typical market range of RM 229K to RM 371K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 193, though individual units vary from RM 139 to RM 247 in the core range. The broader market spans RM 156.88 to RM 229.13, indicating diverse property characteristics. A wider spread (IQR: RM 72.25) and deviation (MAD: RM 54) 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. 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

29 properties grouped by size

650 sqft
4 units
RM 140,000
Cluster House JLN MJ 28
646 sqft · RM 217.00 PSF
Apr 2023
RM 120,000
Cluster House JALAN MJ 25
646 sqft · RM 186.00 PSF
Mar 2023
RM 135,000
Town House
646 sqft · RM 209.00 PSF
Feb 2023
RM 120,000
Cluster House JALAN MJ 28
646 sqft · RM 186.00 PSF
Jan 2023
700 sqft
1 units Cluster House
RM 130,000
JLN MJ 25
678 sqft · RM 192.00 PSF
May 2023
1,200 sqft
3 units
RM 300,000
Double Storey Terraced JLN MJ 13
1,195 sqft · RM 251.00 PSF
Dec 2023
RM 255,000
Double Storey Shop JLN MJ 47
1,195 sqft · RM 213.00 PSF
Sep 2023
RM 300,000
Double Storey Terraced LRG 1
1,195 sqft · RM 251.00 PSF
Jan 2023
1,400 sqft
5 units
RM 350,000
Double Storey Terraced JLN MJ 9
1,399 sqft · RM 250.00 PSF
Nov 2023
RM 270,000
Single Storey Terraced JALAN MJ 7
1,399 sqft · RM 193.00 PSF
Jul 2023
RM 260,000
Single Storey Terraced JALAN MJ
1,399 sqft · RM 186.00 PSF
May 2023
RM 200,000
Double Storey Terraced JLN MJ 2
1,399 sqft · RM 143.00 PSF
May 2023
RM 380,000
Double Storey Terraced JLN MJ 10
1,399 sqft · RM 272.00 PSF
Feb 2023
1,550 sqft
6 units
RM 285,000
Double Storey Shop JALAN MJ 43
1,539 sqft · RM 185.00 PSF
Dec 2023
RM 270,000
Double Storey Shop JLN MJ 35
1,539 sqft · RM 175.00 PSF
Aug 2023
RM 325,000
Double Storey Shop JLN MJ 35
1,539 sqft · RM 211.00 PSF
Aug 2023
RM 410,000
Double Storey Terraced JALAN MJ 40
1,539 sqft · RM 266.00 PSF
Jun 2023
RM 220,000
Double Storey Shop JLN MJ 42
1,539 sqft · RM 143.00 PSF
May 2023
RM 260,000
Double Storey Shop JALAN MJ 43
1,539 sqft · RM 169.00 PSF
Apr 2023
1,600 sqft
2 units Single Storey Terraced
RM 273,000
JLN MJ 46
1,582 sqft · RM 173.00 PSF
Nov 2023
RM 310,000
JALAN MJ 16
1,604 sqft · RM 193.00 PSF
Aug 2023
1,750 sqft
2 units Single Storey Terraced
RM 360,000
TMN MERDEKA JAYA
1,765 sqft · RM 204.00 PSF
Jul 2023
RM 345,000
TMN MERDEKA JAYA
1,765 sqft · RM 195.00 PSF
Jan 2023
2,300 sqft
1 units Single Storey Terraced
RM 300,000
JLN MJ 14
2,293 sqft · RM 131.00 PSF
Jul 2023
2,350 sqft
2 units
RM 450,000
3-Storey Storey Shop JLN MJ 40
2,336 sqft · RM 193.00 PSF
May 2023
RM 850,000
4-Storey Storey Shop JLN MJ 33
2,336 sqft · RM 364.00 PSF
Feb 2023
4,200 sqft
2 units Single Storey Terraced
RM 455,000
JLN MJ 56
4,219 sqft · RM 108.00 PSF
Sep 2023
RM 455,000
JLN MJ 56/1
4,219 sqft · RM 108.00 PSF
Aug 2023
4,650 sqft
1 units Single Storey Terraced
RM 474,000
JLN MJ 56/1
4,628 sqft · RM 102.00 PSF
Jun 2023