| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Cheng Jaya 12
|
RM 200,000
|
RM 167
|
1,195 sqft
|
|
|
|
Jalan Cheng Jaya 12
|
RM 310,000
|
RM 259
|
1,195 sqft
|
|
|
|
Jalan Cheng Jaya 3
|
RM 280,000
|
RM 234
|
1,195 sqft
|
|
|
|
Jalan Cj 3
|
RM 285,000
|
RM 239
|
1,195 sqft
|
|
|
|
Jalan Cheng Jaya 2
|
RM 182,000
|
RM 152
|
1,195 sqft
|
|
|
|
Jalan Cheng Jaya 6
|
RM 250,000
|
RM 209
|
1,195 sqft
|
|
|
Jalan Cheng Jaya 2
|
RM 265,000
|
RM 203
|
1,302 sqft
|
|
|
Jalan Cheng Jaya 7
|
RM 330,000
|
RM 143
|
2,314 sqft
|
|
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Market Snapshot
ResidentialRM 240,000
RM 193 psfMedian transaction price
Taman Cheng Jaya, 75250 Melaka, Malaysia
MapsTaman Cheng Jaya Fasa 2 in Melaka Tengah, Melaka recorded 18 subsale transactions between 2021 and 2026, with a median price of RM 240K and a median price per square foot (PSF) of RM 193.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 240K, with most transactions falling within a stable range of RM 197K to RM 283K, and a typical market range of RM 211K to RM 269K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 193, with core pricing between RM 158 and RM 227. Market pricing typically extends from RM 168.50 to RM 216.50, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.