Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan. Cheng Indah 10
|
RM 290,000
|
RM 188
|
1,540 sqft
|
|
|
Jalan. Cheng Indah 10
|
RM 360,000
|
RM 205
|
1,759 sqft
|
|
|
Jalan Ci 8
|
RM 490,000
|
RM 172
|
2,852 sqft
|
|
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no 67, 10, Jalan Cheng Indah, Taman Cheng Jaya, 75260 Melaka, Malaysia
MapsTaman Cheng Indah in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 360K and a median price per square foot (PSF) of RM 188.
This area contains both residential and commercial properties. View 4 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 360K, with most transactions falling within a stable range of RM 290K to RM 443K, and a typical market range of RM 290K to RM 437K.
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 188, with most transactions between RM 174 and RM 202. The usual range is RM 122.38 to RM 253.63, showing that most units are priced quite close to each other. With an IQR of RM 131.25 and MAD of RM 14, 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.