LIST

Melaka, Melaka Tengah, Cheng

TAMAN CHENG BARU

Area Intelligence
2022
Median Price
RM 400,000
PSF: RM 220
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Residential PSF Trends

Median Price

RM 361,500

PSF: RM 237

Commercial PSF Trends

Median Price

RM 620,000

RM 212 PSF

TAMAN CHENG BARU in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 400K and a median price per square foot (PSF) of RM 220.

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 400K, with most transactions falling within a stable range of RM 350K to RM 525K, and a typical market range of RM 350K to RM 603K.

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 220, with most transactions between RM 199 and RM 241. The usual range is RM 73.55 to RM 367.05, showing that most units are priced quite close to each other. With an IQR of RM 293.50 and MAD of RM 21, 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. 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

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Property Transactions

7 transactions grouped by size

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Size Road Type List

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
1,350 sqft
Double Storey Terraced
RM 360,000
JALAN MOLEK
1,356 sqft · RM 265 PSF
1,400 sqft
Double Storey Terraced
RM 350,000
TAMAN CHENG BARU
1,399 sqft · RM 250 PSF
1,600 sqft
Double Storey Terraced
RM 363,000
JALAN CB 2
1,615 sqft · RM 225 PSF
1,900 sqft
Double Storey Terraced
RM 400,000
JALAN SERI 6
1,884 sqft · RM 212 PSF
2,900 sqft
Double Storey Shop
RM 587,000
JALAN CANTIK
2,885 sqft · RM 203 PSF
2,950 sqft
Double Storey Shop
RM 620,000
JALAN SERI 5
2,928 sqft · RM 212 PSF
RM 645,000
JALAN SERI 7
2,928 sqft · RM 220 PSF

No Properties For Sale

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

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