TAMAN CHENG RIA

Area Intelligence
2024
Median Price
RM 190,000
PSF: RM 221

Residential PSF Trends

Median Price

RM 190,000

PSF: RM 221

TAMAN CHENG RIA in Melaka Tengah, Melaka recorded 9 subsale transactions in 2024, with a median price of RM 190K and a median price per square foot (PSF) of RM 221.

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 190K, with most transactions falling within a stable range of RM 82K to RM 302K, and a typical market range of RM 162K to RM 218K.

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

Price per square foot shows a median of RM 221, though individual units vary from RM 166 to RM 276 in the core range. The broader market spans RM 190.25 to RM 251.75, indicating diverse property characteristics. A wider spread (IQR: RM 61.50) and deviation (MAD: RM 55) indicate significant PSF variations, likely due to diverse property types or conditions.

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

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Transactions

9 transactions found

RM 190,000
Level 3
861 sqft RM 221.00 PSF
RM 195,000
Level 1
721 sqft RM 270.00 PSF
RM 175,000
Level G
721 sqft RM 243.00 PSF
RM 500,000
JALAN CHENG RIA 4
3,821 sqft RM 131.00 PSF
RM 82,000
Level 2
861 sqft RM 95.00 PSF
RM 138,000
Level 2
850 sqft RM 162.00 PSF
RM 128,000
Level 4
861 sqft RM 149.00 PSF
RM 190,000
Level 2
861 sqft RM 221.00 PSF
RM 200,000
Level 1
872 sqft RM 229.00 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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