|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Tbc 18
|
RM 430,000
|
RM 268
|
1,604 sqft
|
|
2-Sty Terrace |
|
Jalan Tbc 39
|
RM 575,000
|
RM 361
|
1,593 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Jalan Tbc 18
|
RM 410,000
|
RM 256
|
1,604 sqft
|
|
2-Sty Terrace |
|
Jalan Tbc 14
|
RM 540,000
|
RM 337
|
1,604 sqft
|
|
2-Sty Terrace |
|
Tbc 39
|
RM 560,000
|
RM 352
|
1,593 sqft
|
|
2-Sty Terrace |
|
Jalan Tbc 39
|
RM 680,000
|
RM 427
|
1,593 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Jalan Tbc 16
|
RM 300,000
|
RM 187
|
1,604 sqft
|
|
2-Sty Terrace |
|
Jalan Tbc 40
|
RM 590,000
|
RM 370
|
1,593 sqft
|
|
2-Sty Terrace |
|
Jalan Tbc 39
|
RM 416,000
|
RM 261
|
1,593 sqft
|
|
2-Sty Terrace |
|
Jalan Tbc 37
|
RM 416,000
|
RM 261
|
1,593 sqft
|
|
2-Sty Terrace |
|
Jalan Tbc 18
|
RM 300,000
|
RM 187
|
1,604 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 430,000
RM 268 psfMedian transaction price
Taman Bukit Cheng, 75260 Melaka, Malaysia
MapsTaman Bkt Cheng in Melaka Tengah, Melaka recorded 11 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM 430K and a median price per square foot (PSF) of RM 268.
This area contains both residential and commercial properties. View 90 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 313K to RM 547K, and a typical market range of RM 340K to RM 520K.
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 268, though individual units vary from RM 194 to RM 342 in the core range. The broader market spans RM 206.61 to RM 329.61, indicating diverse property characteristics. A wider spread (IQR: RM 123.00) and deviation (MAD: RM 74) 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. Limited transaction history suggests carefully evaluating comparable sales data.