LIST

Melaka, Melaka Tengah, Cheng

TAMAN CHENG BARU

Area Intelligence
2024
Median Price
RM 815,000
PSF: RM 549
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Residential PSF Trends

Median Price

RM 390,000

PSF: RM 253

Commercial PSF Trends

Median Price

RM 840,000

RM 550 PSF

TAMAN CHENG BARU in Melaka Tengah, Melaka recorded 12 subsale transactions in 2024, with a median price of RM 815K and a median price per square foot (PSF) of RM 549.

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 815K, with most transactions falling within a stable range of RM 785K to RM 850K, and a typical market range of RM 785K to RM 875K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 549, with most transactions between RM 543 and RM 554. The usual range is RM 401.75 to RM 695.25, showing that most units are priced quite close to each other. With an IQR of RM 293.50 and MAD of RM 6, 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 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
1,450 sqft
Double Storey Shop
RM 795,000
JALAN SERI 7
1,442 sqft · RM 551 PSF
RM 785,000
JALAN SERI 7
1,442 sqft · RM 544 PSF
1,500 sqft
Double Storey Shop
RM 835,000
JALAN SERI 7
1,496 sqft · RM 558 PSF
1,550 sqft
Double Storey Shop
RM 840,000
JALAN SERI 7
1,528 sqft · RM 550 PSF
RM 875,000
JALAN SERI 7
1,561 sqft · RM 561 PSF
1,600 sqft
Double Storey Shop
RM 875,000
JALAN SERI 7
1,593 sqft · RM 549 PSF

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

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