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 380K to RM 522K, and a typical market range of RM 380K to RM 507K.

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 291, though individual units vary from RM 205 to RM 377 in the core range. The broader market spans RM 230.13 to RM 351.88, indicating diverse property characteristics. A wider spread (IQR: RM 121.75) and deviation (MAD: RM 86) 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.

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TAMAN BKT CHENG, Melaka Tengah, Melaka

OSM

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Transactions

5 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

Min Size (sqft)

Max Size (sqft)

Clear

RM 550,000

JALAN TBC 4

3,789 sqft • RM 145.00 PSF

Dec 2021

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 650,000

LORONG 1

4,004 sqft • RM 162.00 PSF

Nov 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 4	RM 550,000	RM 145.00	3,789 sqft	Dec 2021	Double Storey Terraced
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
LORONG 1	RM 650,000	RM 162.00	4,004 sqft	Nov 2021	Double Storey Semi-D
OFF JALAN CHENG LAMA	RM 416,000	RM 291.00	1,432 sqft	Oct 2021	Double Storey Terraced