LIST

Melaka, Melaka Tengah, Cheng

TAMAN CHENG BARU

Area Intelligence
2023
Median Price
RM 425,000
PSF: RM 253
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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 271

Commercial PSF Trends

Median Price

RM 670,000

RM 229 PSF

TAMAN CHENG BARU in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 425K and a median price per square foot (PSF) of RM 253.

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 425K, with most transactions falling within a stable range of RM 350K to RM 539K, and a typical market range of RM 350K to RM 628K.

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

The median PSF stands at RM 253, with core pricing between RM 215 and RM 291. Market pricing typically extends from RM 106.23 to RM 399.73, reflecting moderate variation in unit pricing. The spread of RM 293.50 (IQR) and deviation of RM 38 (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

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Property Transactions

6 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 450,000
LORONG MOLEK 4
1,356 sqft · RM 332 PSF
1,450 sqft
Double Storey Terraced
RM 400,000
JALAN AYU
1,475 sqft · RM 271 PSF
1,600 sqft
Double Storey Terraced
RM 380,000
JALAN CB 2
1,615 sqft · RM 235 PSF
RM 350,000
LORONG 5
1,615 sqft · RM 217 PSF
2,100 sqft
Double Storey Terraced
RM 568,000
JALAN C.B 2
2,099 sqft · RM 271 PSF
2,950 sqft
Double Storey Shop
RM 670,000
JALAN CB 1
2,928 sqft · RM 229 PSF

No Properties For Sale

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

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