LIST

Melaka, Melaka Tengah, Cheng

TAMAN CHENG BARU

Area Intelligence
2023
Median Price
RM 450,000
PSF: RM 247
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Residential PSF Trends

Median Price

RM 390,000

PSF: RM 218

Commercial PSF Trends

Median Price

RM 780,000

RM 507 PSF

TAMAN CHENG BARU in Melaka Tengah, Melaka recorded 11 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 247.

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 450K, with most transactions falling within a stable range of RM 378K to RM 450K, and a typical market range of RM 250K to RM 450K.

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 247, though individual units vary from RM 197 to RM 297 in the core range. The broader market spans RM 100.25 to RM 393.75, indicating diverse property characteristics. The spread of RM 293.50 (IQR) and deviation of RM 50 (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.

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TAMAN CHENG BARU, Melaka Tengah, Melaka

OSM

Track location

Transactions

6 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,100 sqft
Double Storey Terraced
RM 260,000
JALAN AYU
1,098 sqft · RM 237 PSF
1,450 sqft
Double Storey Terraced
RM 250,000
JALAN SERI 1
1,432 sqft · RM 175 PSF
1,550 sqft
Double Storey Terraced
RM 450,000
LORONG MOLEK 4
1,539 sqft · RM 292 PSF
RM 380,000
JALAN CB 2
1,539 sqft · RM 247 PSF
1,750 sqft
Double Storey Terraced
RM 350,000
LORONG 5
1,765 sqft · RM 198 PSF
2,850 sqft
Double Storey Terraced
RM 400,000
JALAN AYU
2,831 sqft · RM 141 PSF

No Properties For Sale

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

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