LIST

Melaka, Melaka Tengah, Cheng

TAMAN CHENG BARU

Area Intelligence
2022
Median Price
RM 620,000
PSF: RM 368
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Residential PSF Trends

Median Price

RM 361,500

PSF: RM 231

Commercial PSF Trends

Median Price

RM 770,000

RM 397 PSF

TAMAN CHENG BARU in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, with a median price of RM 620K and a median price per square foot (PSF) of RM 368.

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 620K, with most transactions falling within a stable range of RM 596K to RM 644K, and a typical market range of RM 587K to RM 645K.

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 368, with most transactions between RM 355 and RM 381. The usual range is RM 221.25 to RM 514.75, showing that most units are priced quite close to each other. With an IQR of RM 293.50 and MAD of RM 13, 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.

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TAMAN CHENG BARU, Melaka Tengah, Melaka

OSM

Track location

Transactions

3 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
1,550 sqft
Double Storey Shop
RM 620,000
JALAN SERI 5
1,561 sqft · RM 397 PSF
1,600 sqft
Double Storey Shop
RM 587,000
JALAN CANTIK
1,593 sqft · RM 368 PSF
1,650 sqft
Double Storey Shop
RM 645,000
JALAN SERI 7
1,636 sqft · RM 394 PSF

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

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