Area Intelligence

TMN MERDEKA JAYA (AERONOTIK TAIPAN)

29 properties
2024
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Median Price
RM 350,000
PSF: RM 242

Residential Market

Median Price

RM 350,000

IQR: RM 72
MAD: RM 38
RM 246 PSF 11.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 320,000

IQR: RM 29
MAD: RM 17
RM 208 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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TMN MERDEKA JAYA (AERONOTIK TAIPAN), Melaka Tengah, Melaka

OSM

Transactions

29 properties grouped by size

600 sqft
1 units Town House
RM 120,000
603 sqft · RM 199.00 PSF
Mar 2024
1,200 sqft
4 units
RM 250,000
Single Storey Terraced MJ 53
1,195 sqft · RM 209.00 PSF
Jul 2024
RM 280,000
Single Storey Terraced JLN MJ 13
1,195 sqft · RM 234.00 PSF
Mar 2024
RM 187,000
Single Storey Shop JLN MJ 49
1,195 sqft · RM 157.00 PSF
Feb 2024
RM 300,000
Double Storey Terraced JALAN MJ 18
1,195 sqft · RM 251.00 PSF
Jan 2024
1,400 sqft
11 units (showing 6)
RM 398,000
Double Storey Terraced JLN MJ 1
1,399 sqft · RM 284.00 PSF
Nov 2024
RM 360,000
Double Storey Terraced JALAN MJ 1
1,399 sqft · RM 257.00 PSF
Oct 2024
RM 348,000
Double Storey Terraced JALAN MJ 5
1,399 sqft · RM 249.00 PSF
Oct 2024
RM 350,000
Double Storey Terraced JALAN MJ 2
1,399 sqft · RM 250.00 PSF
Sep 2024
RM 450,000
Double Storey Terraced JALAN MJ 2
1,399 sqft · RM 322.00 PSF
Jul 2024
RM 360,000
Double Storey Terraced JALAN MJ 5
1,399 sqft · RM 257.00 PSF
Jul 2024
1,500 sqft
1 units Cluster House
RM 130,000
JALAN MJ 21
1,518 sqft · RM 86.00 PSF
Jan 2024
1,550 sqft
9 units (showing 6)
RM 300,000
Double Storey Shop JLN MJ
1,539 sqft · RM 195.00 PSF
Oct 2024
RM 450,000
3-Storey Storey Shop JALAN MJ 37
1,539 sqft · RM 292.00 PSF
Sep 2024
RM 290,000
Double Storey Shop JLN MJ 36
1,539 sqft · RM 188.00 PSF
Aug 2024
RM 300,000
Double Storey Shop JLN MJ 36
1,539 sqft · RM 195.00 PSF
Jul 2024
RM 380,000
Double Storey Shop JALAN MJ 43
1,539 sqft · RM 247.00 PSF
May 2024
RM 350,000
Double Storey Terraced JALAN MJ 39
1,539 sqft · RM 227.00 PSF
May 2024
1,600 sqft
1 units Single Storey Terraced
RM 290,000
JLN MJ 44
1,582 sqft · RM 183.00 PSF
Jun 2024
2,700 sqft
1 units Double Storey Terraced
RM 650,000
JLN MJ 6
2,691 sqft · RM 242.00 PSF
Sep 2024
3,200 sqft
1 units Single Storey Semi-D
RM 520,000
JALAN MJ 2
3,197 sqft · RM 163.00 PSF
Sep 2024