Area Intelligence

TMN MERDEKA JAYA

14 properties
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Median Price
RM 428,000
PSF: RM 214

Commercial Market

Median Price

RM 428,000

IQR: RM 57
MAD: RM 5
RM 214 PSF 11.8%

PSF Trends (2021-2025)

TMN MERDEKA JAYA in Melaka Tengah, Melaka recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 428K and a median price per square foot (PSF) of RM 214.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 428K, with most transactions falling within a stable range of RM 361K to RM 438K, and a typical market range of RM 379K to RM 438K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 214, with core pricing between RM 180 and RM 248. Market pricing typically extends from RM 185.75 to RM 242.25, reflecting moderate variation in unit pricing. The spread of RM 56.50 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERDEKA JAYA, Melaka Tengah, Melaka

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Transactions

14 properties found

Terraced Factory JALAN MJ 58
RM 320,000
2,002 sqft Aug 2024
RM 160.00 PSF
Terraced Factory JALAN MJ 57
RM 350,000
2,002 sqft Jun 2024
RM 175.00 PSF
Terraced Factory JLN MJ 58
RM 268,000
2,002 sqft Feb 2024
RM 134.00 PSF
Terraced Factory JLN MJ 55
RM 240,000
2,002 sqft Jan 2024
RM 120.00 PSF
Terraced Factory JALAN MJ 58
RM 438,000
2,002 sqft May 2023
RM 219.00 PSF
Terraced Factory JALAN MERDEKA JAYA 58
RM 438,000
2,002 sqft Aug 2022
RM 219.00 PSF
Terraced Factory JLN MJ 57
RM 320,000
2,002 sqft Jul 2022
RM 160.00 PSF
Terraced Factory JALAN MERDEKA JAYA 58
RM 438,000
2,002 sqft Feb 2022
RM 219.00 PSF
Terraced Factory JALAN MERDEKA JAYA 58
RM 438,000
2,002 sqft Jan 2022
RM 219.00 PSF
Terraced Factory JALAN MJ 54
RM 390,000
2,002 sqft Jan 2022
RM 195.00 PSF
Terraced Factory JLN MERDEKA JAYA 58
RM 428,000
2,002 sqft Dec 2021
RM 214.00 PSF
Terraced Factory JALAN MERDEKA JAYA 58
RM 428,000
2,002 sqft Nov 2021
RM 214.00 PSF
Terraced Factory JLN MERDEKA JAYA 59
RM 428,000
2,002 sqft Feb 2021
RM 214.00 PSF
Terraced Factory JALAN MERDEKA JAYA 59
RM 428,000
2,002 sqft Jan 2021
RM 214.00 PSF