LIST

Melaka, Melaka Tengah, Bertam

CHENG MUTIARA BUSINESS PARK

Area Intelligence
2024
Median Price
RM 330,000
PSF: RM 298
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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 298

CHENG MUTIARA BUSINESS PARK in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, 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 301K to RM 359K, and a typical market range of RM 295K 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 272 and RM 324. 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 26, 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

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,100 sqft
Condo/Apartment
RM 330,000
Level 5
1,100 sqft · RM 300 PSF
RM 385,000
Level 2
1,109 sqft · RM 347 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

No Properties For Sale

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

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