TAMAN CHENG BESTARI

Area Intelligence
Median Price
RM 510,000
PSF: RM 336

Residential PSF Trends

Median Price

RM 460,000

PSF: RM 275

Commercial PSF Trends

Median Price

RM 535,000

RM 382 PSF

TAMAN CHENG BESTARI in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 510K and a median price per square foot (PSF) of RM 336.

This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 510K, with most transactions falling within a stable range of RM 460K to RM 560K, and a typical market range of RM 453K to RM 568K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 336, with core pricing between RM 275 and RM 397. Market pricing typically extends from RM 296.00 to RM 376.00, reflecting moderate variation in unit pricing. The spread of RM 80.00 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHENG BESTARI, Melaka Tengah, Melaka

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Transactions

7 transactions grouped by size

1,400 sqft
RM 470,000
JALAN CB 1
1,399 sqft · RM 336 PSF
RM 460,000
JALAN CB 8
1,399 sqft · RM 329 PSF
RM 600,000
JALAN CB 1
1,399 sqft · RM 429 PSF
RM 385,000
JALAN CB
1,399 sqft · RM 275 PSF
RM 510,000
JALAN CB 1
1,399 sqft · RM 364 PSF
RM 560,000
JALAN CB 1
1,399 sqft · RM 400 PSF
2,850 sqft
Double Storey Terraced
RM 600,000
JALAN CB 4
2,874 sqft · RM 209 PSF

No Properties For Sale

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

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