Melaka
Melaka Tengah
Cheng
TAMAN BKT CHENG

TAMAN BKT CHENG

Area Intelligence

2024

Median Price

RM 300,000

PSF: RM 240

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 230

Commercial PSF Trends

Median Price

RM 415,000

RM 313 PSF

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.

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

For price per square foot, the median is RM 240, with most transactions between RM 240 and RM 240. The usual range is RM 179.13 to RM 300.88, showing that most units are priced quite close to each other. With an IQR of RM 121.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

Loading map...

TAMAN BKT CHENG, Melaka Tengah, Melaka

OSM