| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ttc 4
|
RM 1,100,000
|
RM 183
|
5,996 sqft
|
|
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Market Snapshot
CommercialRM 1,100,000
RM 183 psfMedian transaction price
Taman Teknologi Cheng, Cheng, Malacca, Malaysia
MapsTaman Teknologi Cheng in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 183.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 183, with most transactions between RM 183 and RM 183. The usual range is RM 177.22 to RM 189.72, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.