TAMAN BKT CHENG in Melaka Tengah, Melaka recorded 24 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 240.
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 300K, with most transactions falling within a stable range of RM 205K to RM 395K, and a typical market range of RM 209K to RM 391K.
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 240, though individual units vary from RM 179 to RM 302 in the core range. The broader market spans RM 179.13 to RM 300.88, indicating diverse property characteristics. A wider spread (IQR: RM 121.75) and deviation (MAD: RM 62) 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.
