TAMAN CHENG BARU in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 758K and a median price per square foot (PSF) of RM 180.
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 758K, with most transactions falling within a stable range of RM 553K to RM 963K, and a typical market range of RM 556K to RM 961K.
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 180, though individual units vary from RM 30 to RM 330 in the core range. The broader market spans RM 33.25 to RM 326.75, indicating diverse property characteristics. A wider spread (IQR: RM 293.50) and deviation (MAD: RM 150) 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.
