TMN CHENG BESTARI Property Investment Analysis
TMN CHENG BESTARI in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 535K and a median price per square foot (PSF) of RM 347.
This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 535K, with most transactions falling within a stable range of RM 470K to RM 600K, and a typical market range of RM 476K to RM 594K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 347, with core pricing between RM 284 and RM 409. Market pricing typically extends from RM 295.25 to RM 397.75, reflecting moderate variation in unit pricing. The spread of RM 102.50 (IQR) and deviation of RM 63 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
2 - 2 1/2 Storey Terraced |
JLN CB 4
|
RM 600,000
|
RM 209.00
|
2,874 sqft
|
Mar 2024
|
2 - 2 1/2 Storey Terraced |
JALAN CB 8
|
RM 460,000
|
RM 329.00
|
1,399 sqft
|
Feb 2024
|
2 - 2 1/2 Storey Shop |
JLN CB 1
|
RM 600,000
|
RM 429.00
|
1,399 sqft
|
Sep 2022
|
2 - 2 1/2 Storey Terraced |
JALAN CB
|
RM 385,000
|
RM 275.00
|
1,399 sqft
|
Sep 2022
|
2 - 2 1/2 Storey Shop |
JLN CB 1
|
RM 510,000
|
RM 364.00
|
1,399 sqft
|
Apr 2022
|
2 - 2 1/2 Storey Shop |
JLN CB 1
|
RM 560,000
|
RM 400.00
|
1,399 sqft
|
Jan 2022
|