TAMAN CHENG PERDANA

Area Intelligence
9 subsale transactions
Double Storey Shop
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Median Price
RM 430,000
PSF: RM 274

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 250

Commercial PSF Trends

Median Price

RM 430,000

RM 274 PSF

TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 9 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 430K and a median price per square foot (PSF) of RM 274.

This area contains both residential and commercial properties. View 37 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 430K, with most transactions falling within a stable range of RM 320K to RM 583K, and a typical market range of RM 361K to RM 499K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 274, though individual units vary from RM 202 to RM 346 in the core range. The broader market spans RM 240.13 to RM 307.88, indicating diverse property characteristics. A wider spread (IQR: RM 67.75) and deviation (MAD: RM 72) 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

OSM

Transactions

9 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,550 sqft
Double Storey Shop
RM 350,000
JALAN CHENG PERDANA 1/4
1,572 sqft · RM 223.00 PSF
Sep 2024
RM 320,000
JALAN CHENG PERDANA 1/4
1,572 sqft · RM 204.00 PSF
Oct 2023
RM 585,000
JALAN CP 2
1,539 sqft · RM 380.00 PSF
Aug 2023
RM 380,000
JALAN CHENG PERDANA 1/4
1,572 sqft · RM 242.00 PSF
Jun 2023
RM 375,000
JALAN CP 1/4
1,572 sqft · RM 239.00 PSF
May 2023
RM 430,000
JALAN CHENG PERDANA 1/6
1,572 sqft · RM 274.00 PSF
Nov 2022
1,850 sqft
Double Storey Shop
RM 800,000
JALAN CP 1/2A
1,873 sqft · RM 427.00 PSF
Sep 2024
RM 650,000
JALAN CP 1/21A
1,873 sqft · RM 347.00 PSF
May 2023
RM 550,000
JALAN CP 1/21A
1,873 sqft · RM 294.00 PSF
Jan 2022