Taman Merdeka Jaya

75350 Melaka, Malaysia

Property Transactions

15 subsales found

Median
RM428,000
PSF
RM216
Period
transactions middle 50% (P25–P75)
RM320,000
Jalan Mj 58
1,313 sqft RM244 PSF
RM350,000
Jalan Mj 57
1,313 sqft RM267 PSF
RM268,000
Jalan Mj 58
1,313 sqft RM204 PSF
RM240,000
Jalan Mj 55
1,313 sqft RM183 PSF
RM400,000
Jalan Mj 57
3,305 sqft RM121 PSF
RM438,000
Jalan Mj 58
1,991 sqft RM220 PSF
RM438,000
Jalan Merdeka Jaya 58
1,991 sqft RM220 PSF
RM320,000
Jalan Mj 57
1,313 sqft RM244 PSF
RM438,000
Jalan Merdeka Jaya 58
1,991 sqft RM220 PSF
RM438,000
Jalan Merdeka Jaya 58
1,981 sqft RM221 PSF
RM390,000
Jalan Mj 54
1,981 sqft RM197 PSF
RM428,000
Jalan Merdeka Jaya 58
1,991 sqft RM215 PSF
RM428,000
Jalan Merdeka Jaya 58
1,991 sqft RM215 PSF
RM428,000
Jalan Merdeka Jaya 59
1,991 sqft RM215 PSF
RM428,000
Jalan Merdeka Jaya 59
1,981 sqft RM216 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM428,000

RM214 psf

Median transaction price

Average

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Taman Merdeka Jaya, 75350 Melaka, Malaysia

Maps

Taman Merdeka Jaya in Melaka Tengah, Melaka recorded 15 subsale transactions between 2021 and 2026, with a median price of RM428K and a median price per square foot (PSF) of RM216.

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 RM428K, with most transactions falling within a stable range of RM418K to RM438K, and a typical market range of RM379K to RM438K.

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

For price per square foot, the median is RM216, with most transactions between RM211 and RM221. The usual range is RM187.85 to RM244.35, showing that most units are priced quite close to each other. With an IQR of RM56.50 and MAD of RM5, 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.