TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 18 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 274.
This area contains both residential and commercial properties. View 38 residential properties or 9 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 380K, with most transactions falling within a stable range of RM 315K to RM 445K, and a typical market range of RM 310K to RM 450K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 274, with core pricing between RM 235 and RM 313. Market pricing typically extends from RM 238.00 to RM 309.00, reflecting moderate variation in unit pricing. With an IQR of RM 71.00 and MAD of RM 39, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
