TAMAN CHENG PERDANA

Area Intelligence
2024
Median Price
RM 350,000
PSF: RM 246

Residential PSF Trends

Median Price

RM 345,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 575,000

RM 325 PSF

TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 246.

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 295K to RM 523K, and a typical market range of RM 295K 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 246, though individual units vary from RM 173 to RM 318 in the core range. The broader market spans RM 210.00 to RM 281.00, indicating diverse property characteristics. A wider spread (IQR: RM 71.00) and deviation (MAD: RM 73) 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

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Transactions

6 transactions grouped by size

1,400 sqft
RM 350,000
JALAN CHENG PERDANA 1/15
1,378 sqft · RM 254 PSF
RM 295,000
JALAN CHENG PERDANA 1/31
1,399 sqft · RM 211 PSF
RM 360,000
JALAN CHENG PERDANA 1/5
1,378 sqft · RM 261 PSF
1,450 sqft
Double Storey Terraced
RM 340,000
JALAN. CP 1
1,432 sqft · RM 237 PSF
1,550 sqft
Double Storey Shop
RM 350,000
JALAN CHENG PERDANA 1/4
1,572 sqft · RM 223 PSF
1,850 sqft
Double Storey Shop
RM 800,000
JALAN CP 1/2A
1,873 sqft · RM 427 PSF

No Properties For Sale

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

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