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Melaka, Melaka Tengah, Bertam

CHENG MUTIARA BUSINESS PARK

Area Intelligence
Median Price
RM 306,500
PSF: RM 277
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Residential PSF Trends

Median Price

RM 306,500

PSF: RM 277

CHENG MUTIARA BUSINESS PARK in Melaka Tengah, Melaka recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 307K and a median price per square foot (PSF) of RM 277.

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 307K, with most transactions falling within a stable range of RM 271K to RM 343K, and a typical market range of RM 225K to RM 385K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 277, with most transactions between RM 252 and RM 301. The usual range is RM 219.88 to RM 333.13, showing that most units are priced quite close to each other. With an IQR of RM 113.25 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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CHENG MUTIARA BUSINESS PARK, Melaka Tengah, Melaka

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Transactions

20 transactions grouped by size

View Type

Grouped View Individual View
650 sqft
Low-Cost Flat
RM 170,000
Level 1
650 sqft · RM 262 PSF
700 sqft
Low-Cost Flat
RM 82,000
Level 4
710 sqft · RM 115 PSF
RM 88,000
Level 2
700 sqft · RM 126 PSF
750 sqft
Low-Cost Flat
RM 150,000
Level 1
732 sqft · RM 205 PSF
950 sqft
Condo/Apartment
RM 160,000
Level 4
958 sqft · RM 167 PSF
RM 168,000
Level
958 sqft · RM 175 PSF
RM 180,000
Level 3
958 sqft · RM 188 PSF
RM 160,000
Level 5
958 sqft · RM 167 PSF
1,100 sqft
Condo/Apartment
RM 385,000
Level 2
1,109 sqft · RM 347 PSF
RM 330,000
Level 5
1,100 sqft · RM 300 PSF
RM 295,000
Level 10
1,109 sqft · RM 266 PSF
RM 330,000
Level 7
1,109 sqft · RM 298 PSF
RM 328,000
Level 5
1,109 sqft · RM 296 PSF
RM 288,000
Level 9
1,109 sqft · RM 260 PSF
View 6 more transactions

No Properties For Sale

There are currently no properties listed for sale in this area.

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