TAMAN CHENG BESTARI

TAMAN CHENG BESTARI in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 535K and a median price per square foot (PSF) of RM 382.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 535K, with most transactions falling within a stable range of RM 454K to RM 600K, and a typical market range of RM 476K to RM 594K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 382, with core pricing between RM 324 and RM 440. Market pricing typically extends from RM 330.75 to RM 433.25, reflecting moderate variation in unit pricing. The spread of RM 102.50 (IQR) and deviation of RM 58 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.