TAMAN CHENG RIA

Area Intelligence
2023
Median Price
RM 157,000
PSF: RM 186

Residential PSF Trends

Median Price

RM 157,000

PSF: RM 186

TAMAN CHENG RIA in Melaka Tengah, Melaka recorded 11 subsale transactions in 2023, with a median price of RM 157K and a median price per square foot (PSF) of RM 186.

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 157K, with most transactions falling within a stable range of RM 137K to RM 177K, and a typical market range of RM 129K to RM 185K.

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

The median PSF stands at RM 186, with core pricing between RM 163 and RM 209. Market pricing typically extends from RM 155.25 to RM 216.75, 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

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Transactions

11 transactions grouped by size

800 sqft
Condo/Apartment
RM 145,000
Level 1
775 sqft · RM 187 PSF
850 sqft
RM 125,000
Level 3
861 sqft · RM 145 PSF
RM 157,000
Level 2
861 sqft · RM 182 PSF
RM 170,000
Level 3
861 sqft · RM 197 PSF
RM 170,000
Level 2
861 sqft · RM 197 PSF
RM 170,000
Level 3
861 sqft · RM 197 PSF
RM 120,000
Level 4
861 sqft · RM 139 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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