Melaka
Melaka Tengah
Cheng
TAMAN BKT CHENG

TAMAN BKT CHENG

Area Intelligence

2021

Median Price

RM 416,000

PSF: RM 291

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Residential PSF Trends

Median Price

RM 416,000

PSF: RM 291

Commercial PSF Trends

Median Price

RM 380,000

RM 287 PSF

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 401K to RM 416K, and a typical market range of RM 380K to RM 416K.

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

The median PSF stands at RM 291, with core pricing between RM 254 and RM 328. Market pricing typically extends from RM 230.13 to RM 351.88, reflecting moderate variation in unit pricing. With an IQR of RM 121.75 and MAD of RM 37, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BKT CHENG, Melaka Tengah, Melaka

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Transactions

3 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)

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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

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Max Size (sqft)

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RM 380,000

JALAN TBC 16

1,302 sqft • RM 292.00 PSF

Dec 2021

RM 388,000

Level G

1,050 sqft • RM 370.00 PSF

Dec 2021

RM 416,000

OFF JALAN CHENG LAMA

1,432 sqft • RM 291.00 PSF

Oct 2021

Road	Price	Land PSF	Land	Date	Type
JALAN TBC 16	RM 380,000	RM 292.00	1,302 sqft	Dec 2021	Double Storey Terraced
Level G	RM 388,000	RM 370.00	1,050 sqft	Dec 2021	Town House
OFF JALAN CHENG LAMA	RM 416,000	RM 291.00	1,432 sqft	Oct 2021	Double Storey Terraced