CHENG MUTIARA BUSINESS PARK

Area Intelligence
Median Price
RM 160,000
PSF: RM 171

Residential PSF Trends

Median Price

RM 160,000

PSF: RM 171

CHENG MUTIARA BUSINESS PARK in Melaka Tengah, Melaka recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 160K and a median price per square foot (PSF) of RM 171.

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 160K, with most transactions falling within a stable range of RM 125K to RM 180K, and a typical market range of RM 82K to RM 180K.

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

Price per square foot shows a median of RM 171, though individual units vary from RM 128 to RM 214 in the core range. The broader market spans RM 114.38 to RM 227.63, indicating diverse property characteristics. A wider spread (IQR: RM 113.25) and deviation (MAD: RM 43) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

8 transactions grouped by size

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

No Properties For Sale

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

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