| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Cheng Jaya 12
|
RM 310,000
|
RM 259
|
1,195 sqft
|
|
|
|
Jalan Cheng Jaya 12
|
RM 200,000
|
RM 167
|
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 250,000
RM 198 psfMedian transaction price
Taman Cheng Jaya, 75250 Melaka, Malaysia
MapsTaman Cheng Jaya Fasa 2 in Melaka Tengah, Melaka recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 250K and a median price per square foot (PSF) of RM 198.
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 250K, with most transactions falling within a stable range of RM 204K to RM 296K, and a typical market range of RM 221K to RM 279K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 198, with core pricing between RM 162 and RM 234. Market pricing typically extends from RM 173.98 to RM 221.98, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 36 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.