TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 43 subsale transactions between 2021 and 2025, with a median price of RM 375K and a median price per square foot (PSF) of RM 254.
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 375K, with most transactions falling within a stable range of RM 310K to RM 440K, and a typical market range of RM 305K to RM 445K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 254, with core pricing between RM 215 and RM 293. Market pricing typically extends from RM 218.50 to RM 289.50, 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.
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. Moderate transaction volume may require patience when buying or selling.