TMN CHENG RIA

TMN CHENG RIA in Melaka Tengah, Melaka recorded 18 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 159K and a median price per square foot (PSF) of RM 192.

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 159K, with most transactions falling within a stable range of RM 129K to RM 188K, and a typical market range of RM 131K to RM 187K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 192, though individual units vary from RM 151 to RM 233 in the core range. The broader market spans RM 161.25 to RM 222.75, indicating diverse property characteristics. The spread of RM 61.50 (IQR) and deviation of RM 41 (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. Limited transaction history suggests carefully evaluating comparable sales data.