| 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
|
|
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Market Snapshot
ResidentialRM 282,500
RM 236 psfMedian transaction price
Taman Cheng Jaya, 75250 Melaka, Malaysia
MapsTaman Cheng Jaya Fasa 2 in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 283K and a median price per square foot (PSF) of RM 236.
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 283K, with most transactions falling within a stable range of RM 241K to RM 310K, and a typical market range of RM 254K to RM 310K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 236, with core pricing between RM 202 and RM 271. Market pricing typically extends from RM 212.44 to RM 260.44, reflecting moderate variation in unit pricing. With an IQR of RM 48.00 and MAD of RM 35, 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. 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.