TAMAN BKT CHENG

Area Intelligence
2021
Median Price
RM 388,000
PSF: RM 292

Residential PSF Trends

Median Price

RM 388,000

PSF: RM 292

Commercial PSF Trends

Median Price

RM 380,000

RM 287 PSF

TAMAN BKT CHENG in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 388K and a median price per square foot (PSF) of RM 292.

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 388K, with most transactions falling within a stable range of RM 380K to RM 403K, and a typical market range of RM 380K to RM 416K.

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

The median PSF stands at RM 292, with core pricing between RM 255 and RM 329. Market pricing typically extends from RM 231.13 to RM 352.88, reflecting moderate variation in unit pricing. With an IQR of RM 121.75 and MAD of RM 37, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BKT CHENG, Melaka Tengah, Melaka

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Transactions

3 transactions grouped by size

1,050 sqft
Town House
RM 388,000
Level G
1,050 sqft · RM 370 PSF
1,300 sqft
Double Storey Terraced
RM 380,000
JALAN TBC 16
1,302 sqft · RM 292 PSF
1,450 sqft
Double Storey Terraced
RM 416,000
OFF JALAN CHENG LAMA
1,432 sqft · RM 291 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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