Melaka
Melaka Tengah
Bertam
TAMAN CHENG BESTARI

TAMAN CHENG BESTARI

Area Intelligence

2022

Median Price

RM 560,000

PSF: RM 211

Facebook X (Twitter)

TAMAN CHENG BESTARI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, priced between RM 500K and RM 750K, with a median price of RM 560K and a median price per square foot (PSF) of RM 211.

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 560K, with most transactions falling within a stable range of RM 523K to RM 597K, and a typical market range of RM 510K to RM 600K.

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

For price per square foot, the median is RM 211, with most transactions between RM 197 and RM 224. The usual range is RM 170.63 to RM 250.63, showing that most units are priced quite close to each other. With an IQR of RM 80.00 and MAD of RM 14, 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