TAMAN CHENG RIA

TAMAN CHENG RIA in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 243K and a median price per square foot (PSF) of RM 158.

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 243K, with most transactions falling within a stable range of RM 213K to RM 273K, and a typical market range of RM 215K to RM 271K.

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

The median PSF stands at RM 158, with core pricing between RM 128 and RM 188. Market pricing typically extends from RM 127.25 to RM 188.75, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.