CHENG MUTIARA BUSINESS PARK

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

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 found

RM 385,000
Level 2
1,109 sqft RM 347.00 PSF
RM 330,000
Level 5
1,100 sqft RM 300.00 PSF
RM 295,000
Level 10
1,109 sqft RM 266.00 PSF
RM 82,000
Level 4
710 sqft RM 115.00 PSF
RM 330,000
Level 7
1,109 sqft RM 298.00 PSF
RM 150,000
Level 1
732 sqft RM 205.00 PSF
RM 328,000
Level 5
1,109 sqft RM 296.00 PSF
RM 288,000
Level 9
1,109 sqft RM 260.00 PSF
RM 330,000
Level 7
1,109 sqft RM 298.00 PSF
RM 160,000
Level 4
958 sqft RM 167.00 PSF
RM 330,000
Level 5
1,109 sqft RM 298.00 PSF
RM 350,000
Level 4
1,109 sqft RM 316.00 PSF
RM 320,000
Level 2
1,109 sqft RM 289.00 PSF
RM 168,000
Level
958 sqft RM 175.00 PSF
RM 335,000
Level 9
1,109 sqft RM 302.00 PSF
RM 180,000
Level 3
958 sqft RM 188.00 PSF
RM 170,000
Level 1
650 sqft RM 262.00 PSF
RM 318,000
Level 5
1,109 sqft RM 287.00 PSF
RM 88,000
Level 2
700 sqft RM 126.00 PSF
RM 160,000
Level 5
958 sqft RM 167.00 PSF

No Properties For Sale

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

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