TAMAN BKT CHENG

Area Intelligence
2023
Median Price
RM 430,000
PSF: RM 264

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 360K to RM 500K, and a typical market range of RM 339K to RM 500K.

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 264, though individual units vary from RM 196 to RM 332 in the core range. The broader market spans RM 203.13 to RM 324.88, indicating diverse property characteristics. A wider spread (IQR: RM 121.75) and deviation (MAD: RM 68) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN BKT CHENG, Melaka Tengah, Melaka

OSM

Track location

Transactions

19 transactions found

RM 250,000
Level 2&3
1,259 sqft RM 199.00 PSF
RM 410,000
JALAN TBC 18
1,302 sqft RM 315.00 PSF
RM 360,000
JALAN TBC 29
2,680 sqft RM 134.00 PSF
RM 360,000
JALAN TBC 12
1,970 sqft RM 183.00 PSF
RM 270,000
Level G
1,234 sqft RM 219.00 PSF
RM 480,000
OFF JALAN CHENG LAMA
1,399 sqft RM 343.00 PSF
RM 270,000
JALAN TBC 29
1,302 sqft RM 207.00 PSF
RM 450,000
JALAN TBC 14
1,302 sqft RM 346.00 PSF
RM 400,000
JALAN TBC 14
1,302 sqft RM 307.00 PSF
RM 350,000
JALAN TBC 6
1,324 sqft RM 264.00 PSF
RM 380,000
JALAN TBC 6
1,324 sqft RM 287.00 PSF
RM 439,000
JALAN TBC 21 A
1,475 sqft RM 298.00 PSF
RM 330,000
JALAN TBC 16
1,302 sqft RM 253.00 PSF
RM 430,000
OFF JALAN CHENG LAMA
1,432 sqft RM 300.00 PSF
RM 300,000
JALAN TBC 13
1,884 sqft RM 159.00 PSF
RM 350,000
JALAN TBC 19
1,302 sqft RM 269.00 PSF
RM 430,000
JALAN TBC 22
2,799 sqft RM 154.00 PSF
RM 500,000
LORONG 1
4,069 sqft RM 123.00 PSF
RM 349,000
JALAN TBC 16
1,302 sqft RM 268.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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