TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 300K and a median price per square foot (PSF) of RM 192.
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 300K, with most transactions falling within a stable range of RM 235K to RM 365K, and a typical market range of RM 230K to RM 370K.
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 192, though individual units vary from RM 153 to RM 231 in the core range. The broader market spans RM 156.71 to RM 227.71, indicating diverse property characteristics. The spread of RM 71.00 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.
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.
