TAMAN CHENG INDAH in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 472K and a median price per square foot (PSF) of RM 306.
This area contains both residential and commercial properties. View 2 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 472K, with most transactions falling within a stable range of RM 448K to RM 496K, and a typical market range of RM 452K to RM 492K.
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 306, with most transactions between RM 285 and RM 328. The usual range is RM 241.50 to RM 370.50, showing that most units are priced quite close to each other. With an IQR of RM 129.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
