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 98K to RM 228K, and a typical market range of RM 93K to RM 233K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 218, with core pricing between RM 179 and RM 257. Market pricing typically extends from RM 182.00 to RM 253.00, reflecting moderate variation in unit pricing. 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
