TAMAN CHENG PERDANA

Area Intelligence
2024
Median Price
RM 350,000
PSF: RM 235

Residential PSF Trends

Median Price

RM 345,000

PSF: RM 235

Commercial PSF Trends

Median Price

RM 575,000

RM 325 PSF

TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 235.

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 350K, with most transactions falling within a stable range of RM 179K to RM 521K, and a typical market range of RM 280K to RM 420K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 235, though individual units vary from RM 168 to RM 301 in the core range. The broader market spans RM 199.00 to RM 270.00, indicating diverse property characteristics. A wider spread (IQR: RM 71.00) and deviation (MAD: RM 66) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHENG PERDANA, Melaka Tengah, Melaka

OSM

Track location

Transactions

8 transactions found

RM 440,000
JALAN CP 1
2,077 sqft RM 212.00 PSF
RM 350,000
JALAN CHENG PERDANA 1/15
1,378 sqft RM 254.00 PSF
RM 350,000
JALAN CHENG PERDANA 1/4
1,572 sqft RM 223.00 PSF
RM 800,000
JALAN CP 1/2A
1,873 sqft RM 427.00 PSF
RM 295,000
JALAN CHENG PERDANA 1/31
1,399 sqft RM 211.00 PSF
RM 340,000
JALAN. CP 1
1,432 sqft RM 237.00 PSF
RM 360,000
JALAN CHENG PERDANA 1/5
1,378 sqft RM 261.00 PSF
RM 170,000
JALAN CP 1/24
732 sqft RM 232.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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