TAMAN CHENG BESTARI

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 269.

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 530K, with most transactions falling within a stable range of RM 460K to RM 600K, and a typical market range of RM 471K to RM 589K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 269, though individual units vary from RM 209 to RM 329 in the core range. The broader market spans RM 217.75 to RM 320.25, indicating diverse property characteristics. The spread of RM 102.50 (IQR) and deviation of RM 60 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.