| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 195,000
|
RM 270
|
721 sqft
|
|
Condo |
|
Level G
|
RM 175,000
|
RM 243
|
721 sqft
|
|
Flat |
|
Level 3
|
RM 135,000
|
RM 161
|
840 sqft
|
|
Condo |
|
Level 4
|
RM 180,000
|
RM 209
|
861 sqft
|
|
Condo |
|
Level 3
|
RM 190,000
|
RM 221
|
861 sqft
|
|
Condo |
|
Level 2
|
RM 82,000
|
RM 95
|
861 sqft
|
|
Flat |
|
Level 2
|
RM 138,000
|
RM 162
|
850 sqft
|
|
Condo |
|
Level 4
|
RM 128,000
|
RM 149
|
861 sqft
|
|
Flat |
|
Jalan Cheng Ria 8
|
RM 243,000
|
RM 158
|
1,539 sqft
|
|
|
Jalan Cheng Ria 4
|
RM 500,000
|
RM 131
|
3,821 sqft
|
|
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Market Snapshot
ResidentialRM 170,000
RM 192 psfMedian transaction price
Taman Cheng Ria, 75260 Cheng, Melaka, Malaysia
MapsTaman Cheng Ria in Melaka Tengah, Melaka recorded 18 subsale transactions between 2021 and 2026, with a median price of RM 170K and a median price per square foot (PSF) of RM 192.
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 170K, with most transactions falling within a stable range of RM 86K to RM 254K, and a typical market range of RM 143K to RM 197K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
Price per square foot shows a median of RM 192, though individual units vary from RM 150 to RM 234 in the core range. The broader market spans RM 162.64 to RM 221.89, indicating diverse property characteristics. The spread of RM 59.25 (IQR) and deviation of RM 42 (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. Limited transaction history suggests carefully evaluating comparable sales data.