TAMAN CHENG JAYA FASA 2

TAMAN CHENG JAYA FASA 2 in Melaka Tengah, Melaka recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 230K 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 230K, with most transactions falling within a stable range of RM 194K to RM 266K, and a typical market range of RM 205K to RM 255K.

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 164 and RM 222. Market pricing typically extends from RM 166.00 to RM 220.00, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 29 (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. Moderate transaction volume may require patience when buying or selling.