Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
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
|
|
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Market Snapshot
RM 380,000
RM 234 psfMedian transaction price
RM 790,000
RM 271 psfMedian transaction price
Taman Cheng Baru, 75260 Cheng, Melaka, Malaysia
MapsTaman Cheng Baru in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2026, sized between 2,875 and 2,924 sqft, with a median price of RM 790K and a median price per square foot (PSF) of RM 271.
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 790K, with most transactions falling within a stable range of RM 708K to RM 872K, and a typical market range of RM 588K to RM 875K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 271, with core pricing between RM 243 and RM 298. Market pricing typically extends from RM 124.07 to RM 417.57, reflecting moderate variation in unit pricing. With an IQR of RM 293.50 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.