Melaka
Melaka Tengah
Cheng
TAMAN CHENG PERDANA

TAMAN CHENG PERDANA

Area Intelligence

Median Price

RM 162,500

PSF: RM 218

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Residential PSF Trends

Median Price

RM 162,500

PSF: RM 218

Commercial PSF Trends

Median Price

RM 430,000

RM 274 PSF

TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 163K and a median price per square foot (PSF) of RM 218.

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 163K, with most transactions falling within a stable range of RM 155K to RM 170K, and a typical market range of RM 155K to RM 170K.

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

For price per square foot, the median is RM 218, with most transactions between RM 203 and RM 232. The usual range is RM 182.00 to RM 253.00, showing that most units are priced quite close to each other. With an IQR of RM 71.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHENG PERDANA, Melaka Tengah, Melaka

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