CHENG MUTIARA BUSINESS PARK Property Investment Analysis

Bertam, Melaka Tengah, Melaka

Median Price
RM 306,500
CAGR
+38.3%
Median PSF
RM 276.50
CAGR
+26.4%
Transactions
20
Period
2021-2024

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.

ADVANCED FILTERS

TRANSACTIONS

20 found
Condominium/Apartment
RM 385,000
PSF: RM 347.00
Area: 1,109 sqft
Date: May 2024
Condominium/Apartment
RM 330,000
PSF: RM 300.00
Area: 1,100 sqft
Date: May 2024
Condominium/Apartment
RM 295,000
PSF: RM 266.00
Area: 1,109 sqft
Date: Mar 2024
Low-Cost Flat
RM 82,000
PSF: RM 115.00
Area: 710 sqft
Date: Feb 2024
Condominium/Apartment
RM 330,000
PSF: RM 298.00
Area: 1,109 sqft
Date: Feb 2024
Low-Cost Flat
RM 150,000
PSF: RM 205.00
Area: 732 sqft
Date: Jan 2024
Condominium/Apartment
RM 328,000
PSF: RM 296.00
Area: 1,109 sqft
Date: Jan 2024
Condominium/Apartment
RM 288,000
PSF: RM 260.00
Area: 1,109 sqft
Date: Dec 2023
Condominium/Apartment
RM 330,000
PSF: RM 298.00
Area: 1,109 sqft
Date: Sep 2023
Condominium/Apartment
RM 160,000
PSF: RM 167.00
Area: 958 sqft
Date: Aug 2023
Condominium/Apartment
RM 330,000
PSF: RM 298.00
Area: 1,109 sqft
Date: Apr 2023
Condominium/Apartment
RM 350,000
PSF: RM 316.00
Area: 1,109 sqft
Date: Dec 2022
Condominium/Apartment
RM 320,000
PSF: RM 289.00
Area: 1,109 sqft
Date: Dec 2022
Condominium/Apartment
RM 168,000
PSF: RM 175.00
Area: 958 sqft
Date: Dec 2022
Condominium/Apartment
RM 335,000
PSF: RM 302.00
Area: 1,109 sqft
Date: Oct 2022
Condominium/Apartment
RM 180,000
PSF: RM 188.00
Area: 958 sqft
Date: Jun 2022
Low-Cost Flat
RM 170,000
PSF: RM 262.00
Area: 650 sqft
Date: May 2022
Condominium/Apartment
RM 318,000
PSF: RM 287.00
Area: 1,109 sqft
Date: Apr 2022
Low-Cost Flat
RM 88,000
PSF: RM 126.00
Area: 700 sqft
Date: Dec 2021
Condominium/Apartment
RM 160,000
PSF: RM 167.00
Area: 958 sqft
Date: Oct 2021