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 grouped by size

2,000 sqft
14 units (showing 6) Terraced Factory
RM 320,000
JALAN MJ 58
2,002 sqft · RM 160.00 PSF
Aug 2024
RM 350,000
JALAN MJ 57
2,002 sqft · RM 175.00 PSF
Jun 2024
RM 268,000
JLN MJ 58
2,002 sqft · RM 134.00 PSF
Feb 2024
RM 240,000
JLN MJ 55
2,002 sqft · RM 120.00 PSF
Jan 2024
RM 438,000
JALAN MJ 58
2,002 sqft · RM 219.00 PSF
May 2023
RM 438,000
JALAN MERDEKA JAYA 58
2,002 sqft · RM 219.00 PSF
Aug 2022