Melaka
Melaka Tengah
Cheng
TAMAN CHENG PERDANA

TAMAN CHENG PERDANA

Area Intelligence

2023

Median Price

RM 400,000

PSF: RM 270

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 275

Commercial PSF Trends

Median Price

RM 380,000

RM 242 PSF

TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 15 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 270.

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 400K, with most transactions falling within a stable range of RM 296K to RM 504K, and a typical market range of RM 330K to RM 470K.

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 270, though individual units vary from RM 214 to RM 326 in the core range. The broader market spans RM 234.50 to RM 305.50, indicating diverse property characteristics. The spread of RM 71.00 (IQR) and deviation of RM 56 (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.

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TAMAN CHENG PERDANA, Melaka Tengah, Melaka

OSM

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Transactions

15 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

Single Storey Terraced

1,300 sqft

Single Storey Terraced

RM 250,000

JALAN 1/18

1,281 sqft · RM 195 PSF

Mar 2023

JALAN 1/18

RM 250,000

RM 195

1,281 sqft

Mar 2023

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 350,000

JALAN CHENG PERDANA 1/13

1,378 sqft · RM 254 PSF

Oct 2023

RM 300,000

JALAN CP 1/15

1,378 sqft · RM 218 PSF

Oct 2023

RM 400,000

JALAN CP 1/14

1,378 sqft · RM 290 PSF

Aug 2023

RM 475,000

JALAN CHENG PERDANA 1/24

1,399 sqft · RM 339 PSF

May 2023

RM 500,000

JALAN CHENG PERDANA 1/13

1,378 sqft · RM 363 PSF

Apr 2023

RM 330,000

JALAN CP 1/3

1,378 sqft · RM 240 PSF

Jan 2023

JALAN CHENG PERDANA 1/13	RM 350,000	RM 254	1,378 sqft	Oct 2023
JALAN CP 1/15	RM 300,000	RM 218	1,378 sqft	Oct 2023
JALAN CP 1/14	RM 400,000	RM 290	1,378 sqft	Aug 2023
JALAN CHENG PERDANA 1/24	RM 475,000	RM 339	1,399 sqft	May 2023
JALAN CHENG PERDANA 1/13	RM 500,000	RM 363	1,378 sqft	Apr 2023
JALAN CP 1/3	RM 330,000	RM 240	1,378 sqft	Jan 2023

1,450 sqft

Double Storey Terraced

1,450 sqft

Double Storey Terraced

RM 420,000

JALAN CP 4

1,432 sqft · RM 293 PSF

Jun 2023

RM 400,000

JALAN CP 5

1,432 sqft · RM 279 PSF

May 2023

JALAN CP 4	RM 420,000	RM 293	1,432 sqft	Jun 2023
JALAN CP 5	RM 400,000	RM 279	1,432 sqft	May 2023

1,550 sqft

Double Storey Shop

1,550 sqft

Double Storey Shop

RM 320,000

JALAN CHENG PERDANA 1/4

1,572 sqft · RM 204 PSF

Oct 2023

RM 585,000

JALAN CP 2

1,539 sqft · RM 380 PSF

Aug 2023

RM 380,000

JALAN CHENG PERDANA 1/4

1,572 sqft · RM 242 PSF

Jun 2023

RM 375,000

JALAN CP 1/4

1,572 sqft · RM 239 PSF

May 2023

JALAN CHENG PERDANA 1/4	RM 320,000	RM 204	1,572 sqft	Oct 2023
JALAN CP 2	RM 585,000	RM 380	1,539 sqft	Aug 2023
JALAN CHENG PERDANA 1/4	RM 380,000	RM 242	1,572 sqft	Jun 2023
JALAN CP 1/4	RM 375,000	RM 239	1,572 sqft	May 2023