TAMAN CHENG RIA

TAMAN CHENG RIA in Melaka Tengah, Melaka recorded 4 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 272K and a median price per square foot (PSF) of RM 154.

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 272K, with most transactions falling within a stable range of RM 230K to RM 380K, and a typical market range of RM 244K to RM 300K.

Within the Single Storey Terraced category, condominium/apartment dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 154, with core pricing between RM 130 and RM 177. Market pricing typically extends from RM 122.75 to RM 184.25, reflecting moderate variation in unit pricing. The spread of RM 61.50 (IQR) and deviation of RM 23 (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.