CHENG MUTIARA BUSINESS PARK

Area Intelligence
Median Price
RM 330,000
PSF: RM 298

Residential PSF Trends

Median Price

RM 330,000

PSF: RM 298

CHENG MUTIARA BUSINESS PARK in Melaka Tengah, Melaka recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 330K and a median price per square foot (PSF) of RM 298.

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 330K, with most transactions falling within a stable range of RM 306K to RM 354K, and a typical market range of RM 288K to RM 385K.

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

For price per square foot, the median is RM 298, with most transactions between RM 277 and RM 319. The usual range is RM 241.38 to RM 354.63, showing that most units are priced quite close to each other. With an IQR of RM 113.25 and MAD of RM 21, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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CHENG MUTIARA BUSINESS PARK, Melaka Tengah, Melaka

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Transactions

12 transactions found

RM 330,000
Level 5
1,100 sqft RM 300.00 PSF
RM 385,000
Level 2
1,109 sqft RM 347.00 PSF
RM 295,000
Level 10
1,109 sqft RM 266.00 PSF
RM 330,000
Level 7
1,109 sqft RM 298.00 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 330,000
Level 5
1,109 sqft RM 298.00 PSF
RM 320,000
Level 2
1,109 sqft RM 289.00 PSF
RM 350,000
Level 4
1,109 sqft RM 316.00 PSF
RM 335,000
Level 9
1,109 sqft RM 302.00 PSF
RM 318,000
Level 5
1,109 sqft RM 287.00 PSF

No Properties For Sale

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

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