TAMAN BKT CHENG in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 416K and a median price per square foot (PSF) of RM 291.
This area contains both residential and commercial properties. View 88 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 416K, with most transactions falling within a stable range of RM 321K to RM 511K, and a typical market range of RM 325K to RM 507K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 291, though individual units vary from RM 230 to RM 353 in the core range. The broader market spans RM 230.13 to RM 351.88, indicating diverse property characteristics. The spread of RM 121.75 (IQR) and deviation of RM 62 (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.
