Area Intelligence

TMN MERDEKA JAYA

4 properties
2021
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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 4 subsale transactions in 2021, 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.

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

For price per square foot, the median is RM 214, with most transactions between RM 214 and RM 214. The usual range is RM 185.75 to RM 242.25, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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

4 properties grouped by size

2,000 sqft
4 units Terraced Factory
RM 428,000
JLN MERDEKA JAYA 58
2,002 sqft · RM 214.00 PSF
Dec 2021
RM 428,000
JALAN MERDEKA JAYA 58
2,002 sqft · RM 214.00 PSF
Nov 2021
RM 428,000
JLN MERDEKA JAYA 59
2,002 sqft · RM 214.00 PSF
Feb 2021
RM 428,000
JALAN MERDEKA JAYA 59
2,002 sqft · RM 214.00 PSF
Jan 2021