TAMAN CHENG RIA

TAMAN CHENG RIA in Melaka Tengah, Melaka recorded 39 subsale transactions between 2021 and 2025, with a median price of RM 155K and a median price per square foot (PSF) of RM 179.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 155K, with most transactions falling within a stable range of RM 125K to RM 185K, and a typical market range of RM 127K to RM 183K.

Most transactions involved condominium/apartment, with high diversity across multiple property types.

The median PSF stands at RM 179, with core pricing between RM 149 and RM 209. Market pricing typically extends from RM 148.25 to RM 209.75, reflecting moderate variation in unit pricing. The spread of RM 61.50 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.