TAMAN CHENG RIA

Area Intelligence
2023
Median Price
RM 158,500
PSF: RM 184

Residential PSF Trends

Median Price

RM 158,500

PSF: RM 184

TAMAN CHENG RIA in Melaka Tengah, Melaka recorded 12 subsale transactions in 2023, with a median price of RM 159K and a median price per square foot (PSF) of RM 184.

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 159K, with most transactions falling within a stable range of RM 127K to RM 190K, and a typical market range of RM 131K to RM 187K.

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

The median PSF stands at RM 184, with core pricing between RM 161 and RM 207. Market pricing typically extends from RM 153.25 to RM 214.75, reflecting moderate variation in unit pricing. With an IQR of RM 61.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN CHENG RIA, Melaka Tengah, Melaka

OSM

Track location

Transactions

12 transactions found

RM 145,000
Level 1
775 sqft RM 187.00 PSF
RM 125,000
Level 3
861 sqft RM 145.00 PSF
RM 157,000
Level 2
861 sqft RM 182.00 PSF
RM 170,000
Level 3
861 sqft RM 197.00 PSF
RM 243,000
JALAN CHENG RIA 8
1,539 sqft RM 158.00 PSF
RM 170,000
Level 2
861 sqft RM 197.00 PSF
RM 170,000
Level 3
861 sqft RM 197.00 PSF
RM 120,000
Level 4
861 sqft RM 139.00 PSF
RM 135,000
Level 2
861 sqft RM 157.00 PSF
RM 160,000
Level 2
861 sqft RM 186.00 PSF
RM 138,000
Level 2
861 sqft RM 160.00 PSF
RM 185,000
Level 2
861 sqft RM 215.00 PSF

Auction Properties

1 auction properties in TAMAN CHENG RIA

Flat
A-4-03, Tingkat 4, Block A, Rumah Pangsa, Taman Cheng Ria, 7...
RM 72,900
840 sqft
PSF: RM 86.83
07 Jan 2026

No Properties For Sale

There are currently no properties listed for sale in this area.

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