TAMAN CHENG BESTARI

Area Intelligence
Median Price
RM 490,000
PSF: RM 350

Residential PSF Trends

Median Price

RM 422,500

PSF: RM 302

Commercial PSF Trends

Median Price

RM 535,000

RM 382 PSF

TAMAN CHENG BESTARI in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 490K and a median price per square foot (PSF) of RM 350.

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 490K, with most transactions falling within a stable range of RM 420K to RM 560K, and a typical market range of RM 433K to RM 548K.

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

The median PSF stands at RM 350, with core pricing between RM 300 and RM 400. Market pricing typically extends from RM 310.00 to RM 390.00, reflecting moderate variation in unit pricing. With an IQR of RM 80.00 and MAD of RM 50, 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. 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

6 transactions found

RM 470,000
JALAN CB 1
1,399 sqft RM 336.00 PSF
RM 460,000
JALAN CB 8
1,399 sqft RM 329.00 PSF
RM 600,000
JALAN CB 1
1,399 sqft RM 429.00 PSF
RM 385,000
JALAN CB
1,399 sqft RM 275.00 PSF
RM 510,000
JALAN CB 1
1,399 sqft RM 364.00 PSF
RM 560,000
JALAN CB 1
1,399 sqft RM 400.00 PSF

No Properties For Sale

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

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