Melaka
Melaka Tengah
Bertam
TAMAN CHENG BESTARI

TAMAN CHENG BESTARI

Area Intelligence

2024

Median Price

RM 530,000

PSF: RM 326

Facebook X (Twitter)

TAMAN CHENG BESTARI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 530K and a median price per square foot (PSF) of RM 326.

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 530K, with most transactions falling within a stable range of RM 460K to RM 600K, and a typical market range of RM 473K to RM 588K.

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

The median PSF stands at RM 326, with core pricing between RM 283 and RM 369. Market pricing typically extends from RM 286.08 to RM 366.08, reflecting moderate variation in unit pricing. With an IQR of RM 80.00 and MAD of RM 43, 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.

Loading map...

TAMAN CHENG BESTARI, Melaka Tengah, Melaka

OSM