Melaka
Melaka Tengah
Cheng
TAMAN CHENG JAYA FASA 2

TAMAN CHENG JAYA FASA 2

Area Intelligence

Median Price

RM 315,000

PSF: RM 197

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 315,000

PSF: RM 197

TAMAN CHENG JAYA FASA 2 in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, priced between RM 300K and RM 500K, with a median price of RM 315K and a median price per square foot (PSF) of RM 197.

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 315K, with most transactions falling within a stable range of RM 300K to RM 330K, and a typical market range of RM 300K to RM 330K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 197, though individual units vary from RM 143 to RM 251 in the core range. The broader market spans RM 169.84 to RM 223.84, indicating diverse property characteristics. A wider spread (IQR: RM 54.00) and deviation (MAD: RM 54) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Loading map...

TAMAN CHENG JAYA FASA 2, Melaka Tengah, Melaka

OSM