Melaka
Melaka Tengah
Cheng
TAMAN BKT CHENG

TAMAN BKT CHENG

Area Intelligence

2024

Median Price

RM 575,000

PSF: RM 361

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Residential PSF Trends

Median Price

RM 575,000

PSF: RM 361

TAMAN BKT CHENG in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, priced between RM 500K and RM 750K, with a median price of RM 575K and a median price per square foot (PSF) of RM 361.

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 361, with most transactions between RM 361 and RM 361. The usual range is RM 300.07 to RM 421.82, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BKT CHENG, Melaka Tengah, Melaka

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