TAMAN CHENG BESTARI in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 510K and a median price per square foot (PSF) of RM 226.
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 510K, with most transactions falling within a stable range of RM 460K to RM 560K, and a typical market range of RM 453K to RM 568K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 226, though individual units vary from RM 165 to RM 287 in the core range. The broader market spans RM 185.68 to RM 265.68, indicating diverse property characteristics. A wider spread (IQR: RM 80.00) and deviation (MAD: RM 61) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
