TMN MERDEKA JAYA (AERONOTIK TAIPAN)
Residential Market
Median Price
RM 350,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 320,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
31 properties
Median Price
RM 375,000
+4.9% CAGR
Median PSF
RM 254.00
+17.6% CAGR
Single Storey Terraced
21 properties
Median Price
RM 327,500
+2.1% CAGR
Median PSF
RM 196.00
+2.5% CAGR
Double Storey Shop
17 properties
Median Price
RM 300,000
-0.8% CAGR
Median PSF
RM 195.00
-0.8% CAGR
Cluster House
9 properties
Median Price
RM 127,500
+9.1% CAGR
Median PSF
RM 168.00
-16.4% CAGR
Town House
4 properties
Median Price
RM 120,000
Median PSF
RM 199.00
+4.7% CAGR
Single Storey Shop
3 properties
Median Price
RM 187,000
-12.6% CAGR
Median PSF
RM 157.00
-12.5% CAGR
3-Storey Storey Shop
3 properties
Median Price
RM 442,500
-3.3% CAGR
Median PSF
RM 237.75
+46.4% CAGR
Single Storey Semi-D
1 properties
Median Price
RM 520,000
Median PSF
RM 163.00
4-Storey Storey Shop
1 properties
Median Price
RM 850,000
Median PSF
RM 364.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 31 |
RM 375,000
±33K MAD
|
+4.89% |
RM 254.00
±30 MAD
|
+17.60% | |
Single Storey Terraced | 21 |
RM 327,500
±28K MAD
|
+2.14% |
RM 196.00
±19 MAD
|
+2.47% | |
Double Storey Shop | 17 |
RM 300,000
±10K MAD
|
-0.82% |
RM 195.00
±7 MAD
|
-0.82% | |
Cluster House | 9 |
RM 127,500
±3K MAD
|
+9.14% |
RM 168.00
±27 MAD
|
-16.36% | |
Town House | 4 |
RM 120,000
|
- |
RM 199.00
±10 MAD
|
+4.71% | |
Single Storey Shop | 3 |
RM 187,000
±37K MAD
|
-12.64% |
RM 157.00
±31 MAD
|
-12.49% | |
3-Storey Storey Shop | 3 |
RM 442,500
±8K MAD
|
-3.33% |
RM 237.75
±45 MAD
|
+46.37% | |
Single Storey Semi-D | 1 |
RM 520,000
|
- |
RM 163.00
|
- | |
4-Storey Storey Shop | 1 |
RM 850,000
|
- |
RM 364.00
|
- |
TMN MERDEKA JAYA (AERONOTIK TAIPAN) in Melaka Tengah, Melaka recorded 29 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 242.
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 350K, with most transactions falling within a stable range of RM 234K to RM 466K, and a typical market range of RM 279K to RM 421K.
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 242, though individual units vary from RM 184 to RM 300 in the core range. The broader market spans RM 205.88 to RM 278.13, indicating diverse property characteristics. The spread of RM 72.25 (IQR) and deviation of RM 58 (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.
Filter by type, year, price, and size
Transactions
29 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 120,000
|
RM 199.00
|
603 sqft
|
Mar 2024
|
MJ 53
|
RM 250,000
|
RM 209.00
|
1,195 sqft
|
Jul 2024
|
Single Storey Terraced |
JLN MJ 13
|
RM 280,000
|
RM 234.00
|
1,195 sqft
|
Mar 2024
|
Single Storey Terraced |
JLN MJ 49
|
RM 187,000
|
RM 157.00
|
1,195 sqft
|
Feb 2024
|
Single Storey Shop |
JALAN MJ 18
|
RM 300,000
|
RM 251.00
|
1,195 sqft
|
Jan 2024
|
Double Storey Terraced |
JLN MJ 1
|
RM 398,000
|
RM 284.00
|
1,399 sqft
|
Nov 2024
|
Double Storey Terraced |
JALAN MJ 1
|
RM 360,000
|
RM 257.00
|
1,399 sqft
|
Oct 2024
|
Double Storey Terraced |
JALAN MJ 5
|
RM 348,000
|
RM 249.00
|
1,399 sqft
|
Oct 2024
|
Double Storey Terraced |
JALAN MJ 2
|
RM 350,000
|
RM 250.00
|
1,399 sqft
|
Sep 2024
|
Double Storey Terraced |
JALAN MJ 2
|
RM 450,000
|
RM 322.00
|
1,399 sqft
|
Jul 2024
|
Double Storey Terraced |
JALAN MJ 5
|
RM 360,000
|
RM 257.00
|
1,399 sqft
|
Jul 2024
|
Double Storey Terraced |
JALAN MJ 21
|
RM 130,000
|
RM 86.00
|
1,518 sqft
|
Jan 2024
|
JLN MJ
|
RM 300,000
|
RM 195.00
|
1,539 sqft
|
Oct 2024
|
Double Storey Shop |
JALAN MJ 37
|
RM 450,000
|
RM 292.00
|
1,539 sqft
|
Sep 2024
|
3-Storey Storey Shop |
JLN MJ 36
|
RM 290,000
|
RM 188.00
|
1,539 sqft
|
Aug 2024
|
Double Storey Shop |
JLN MJ 36
|
RM 300,000
|
RM 195.00
|
1,539 sqft
|
Jul 2024
|
Double Storey Shop |
JALAN MJ 43
|
RM 380,000
|
RM 247.00
|
1,539 sqft
|
May 2024
|
Double Storey Shop |
JALAN MJ 39
|
RM 350,000
|
RM 227.00
|
1,539 sqft
|
May 2024
|
Double Storey Terraced |
JLN MJ 44
|
RM 290,000
|
RM 183.00
|
1,582 sqft
|
Jun 2024
|
JLN MJ 6
|
RM 650,000
|
RM 242.00
|
2,691 sqft
|
Sep 2024
|
JALAN MJ 2
|
RM 520,000
|
RM 163.00
|
3,197 sqft
|
Sep 2024
|