Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Seri 4
|
RM 480,000
|
RM 354
|
1,356 sqft
|
|
|
|
Jalan Ayu
|
RM 390,000
|
RM 288
|
1,356 sqft
|
|
|
Jalan Ayu
|
RM 250,000
|
RM 170
|
1,475 sqft
|
|
|
Jalan Seri 3
|
RM 350,000
|
RM 186
|
1,884 sqft
|
|
|
Jalan Seri 7
|
RM 725,000
|
RM 249
|
2,917 sqft
|
|
|
|
Jalan Seri 7
|
RM 835,000
|
RM 286
|
2,917 sqft
|
|
|
|
Jalan Seri 7
|
RM 795,000
|
RM 273
|
2,917 sqft
|
|
|
|
Jalan Seri 7
|
RM 875,000
|
RM 300
|
2,917 sqft
|
|
|
|
Jalan Seri 7
|
RM 748,000
|
RM 256
|
2,917 sqft
|
|
|
|
Jalan Seri 7
|
RM 785,000
|
RM 269
|
2,917 sqft
|
|
|
|
Jalan Seri 7
|
RM 840,000
|
RM 288
|
2,917 sqft
|
|
|
|
Jalan Seri 7
|
RM 875,000
|
RM 300
|
2,917 sqft
|
|
|
Jalan Seri 7
|
RM 1,640,000
|
RM 531
|
3,089 sqft
|
|
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Market Snapshot
RM 370,000
RM 237 psfMedian transaction price
RM 835,000
RM 286 psfMedian transaction price
Taman Cheng Baru, 75260 Cheng, Melaka, Malaysia
MapsTaman Cheng Baru in Melaka Tengah, Melaka recorded 13 subsale transactions between 2021 and 2026, with a median price of RM 785K and a median price per square foot (PSF) of RM 286.
This area contains both residential and commercial properties. View 17 residential properties or 22 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 785K, with most transactions falling within a stable range of RM 451K to RM 1.12 million, and a typical market range of RM 583K to RM 988K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 286, though individual units vary from RM 202 to RM 370 in the core range. The broader market spans RM 139.50 to RM 433.00, indicating diverse property characteristics. A wider spread (IQR: RM 293.50) and deviation (MAD: RM 84) 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.