Melaka
Melaka Tengah
Cheng
TAMAN BKT CHENG

TAMAN BKT CHENG

Area Intelligence

2023

Median Price

RM 430,000

PSF: RM 264

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 439,000

PSF: RM 253

Commercial PSF Trends

Median Price

RM 365,000

RM 276 PSF

TAMAN BKT CHENG in Melaka Tengah, Melaka recorded 29 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 264.

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 430K, with most transactions falling within a stable range of RM 412K to RM 300K, and a typical market range of RM 339K to RM 300K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 264, with most transactions between RM 241 and RM 287. The usual range is RM 203.13 to RM 324.88, showing that most units are priced quite close to each other. With an IQR of RM 121.75 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.

Loading map...

TAMAN BKT CHENG, Melaka Tengah, Melaka

OSM

Track location

Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 250,000

Level 2&3

1,259 sqft • RM 199.00 PSF

Dec 2023

RM 270,000

Level G

1,234 sqft • RM 219.00 PSF

Sep 2023

RM 270,000

JALAN TBC 29

1,302 sqft • RM 207.00 PSF

Jul 2023

RM 300,000

JALAN TBC 13

1,884 sqft • RM 159.00 PSF

May 2023

Road	Price	Land PSF	Land	Date	Type
Level 2&3	RM 250,000	RM 199.00	1,259 sqft	Dec 2023	Town House
Level G	RM 270,000	RM 219.00	1,234 sqft	Sep 2023	Town House
JALAN TBC 29	RM 270,000	RM 207.00	1,302 sqft	Jul 2023	Single Storey Terraced
JALAN TBC 13	RM 300,000	RM 159.00	1,884 sqft	May 2023	Single Storey Terraced