CHENG HEIGHTS CONDOMINIUM Property Investment Analysis

CHENG HEIGHTS CONDOMINIUM in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 323K and a median price per square foot (PSF) of RM 272.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 323K, with most transactions falling within a stable range of RM 292K to RM 354K, and a typical market range of RM 296K to RM 349K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 272, with most transactions between RM 252 and RM 292. The usual range is RM 250.25 to RM 292.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.50 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

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.