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 440K to RM 540K, 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 289 and RM 411. Market pricing typically extends from RM 310.00 to RM 390.00, 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.
