Melaka
Melaka Tengah
Cheng
TAMAN CHENG PERDANA

TAMAN CHENG PERDANA

Area Intelligence

2022

Median Price

RM 300,000

PSF: RM 121

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 121

Commercial PSF Trends

Median Price

RM 430,000

RM 274 PSF

TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 121.

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.

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 121, with most transactions between RM 121 and RM 121. The usual range is RM 85.50 to RM 156.50, showing that most units are priced quite close to each other. With an IQR of RM 71.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHENG PERDANA, Melaka Tengah, Melaka

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