TAMAN CHENG BESTARI

Area Intelligence
3 subsale transactions
Double Storey Terraced
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Median Price
RM 460,000
PSF: RM 275

Residential PSF Trends

Median Price

RM 460,000

PSF: RM 275

Commercial PSF Trends

Median Price

RM 560,000

RM 400 PSF

TAMAN CHENG BESTARI in Melaka Tengah, Melaka recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 460K and a median price per square foot (PSF) of RM 275.

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 460K, with most transactions falling within a stable range of RM 385K to RM 549K, and a typical market range of RM 401K to RM 519K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 275, with core pricing between RM 226 and RM 324. Market pricing typically extends from RM 223.75 to RM 326.25, reflecting moderate variation in unit pricing. The spread of RM 102.50 (IQR) and deviation of RM 49 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHENG BESTARI, Melaka Tengah, Melaka

OSM

Transactions

3 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,400 sqft
Double Storey Terraced
RM 460,000
JALAN CB 8
1,399 sqft · RM 329.00 PSF
Feb 2024
RM 385,000
JALAN CB
1,399 sqft · RM 275.00 PSF
Sep 2022
2,850 sqft
Double Storey Terraced
RM 600,000
JALAN CB 4
2,874 sqft · RM 209.00 PSF
Mar 2024