Property Type
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Market Snapshot
RM 250,000
RM 170 psfMedian transaction price
RM 725,000
RM 249 psfMedian transaction price
Taman Cheng Baru, 75260 Cheng, Melaka, Malaysia
MapsTaman Cheng Baru in Melaka Tengah, Melaka recorded 2 subsale transactions in 2025, with a median price of RM 488K and a median price per square foot (PSF) of RM 209.
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 488K, with most transactions falling within a stable range of RM 250K to RM 725K, and a typical market range of RM 285K to RM 690K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 209, with core pricing between RM 170 and RM 249. Market pricing typically extends from RM 62.29 to RM 355.79, reflecting moderate variation in unit pricing. The spread of RM 293.50 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.