TMN CHENG RIA

TMN CHENG RIA in Melaka Tengah, Melaka recorded 29 subsale transactions between 2021 and 2025, with a median price of RM 138K and a median price per square foot (PSF) of RM 162.

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 138K, with most transactions falling within a stable range of RM 107K to RM 169K, and a typical market range of RM 110K to RM 166K.

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

Price per square foot shows a median of RM 162, though individual units vary from RM 127 to RM 197 in the core range. The broader market spans RM 131.25 to RM 192.75, indicating diverse property characteristics. The spread of RM 61.50 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.