Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Cp 1/24
|
RM 170,000
|
RM 232
|
732 sqft
|
|
|
|
Jalan Cp 1/24
|
RM 155,000
|
RM 203
|
764 sqft
|
|
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Market Snapshot
RM 162,500
RM 218 psfMedian transaction price
RM 430,000
RM 274 psfMedian transaction price
Taman Cheng Perdana, 75250 Malacca, Malaysia
MapsTaman Cheng Perdana in Melaka Tengah, Melaka recorded 2 Low-Cost House properties subsale transactions between 2021 and 2026, with a median price of RM 163K and a median price per square foot (PSF) of RM 218.
This area contains both residential and commercial properties. View 39 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 163K, with most transactions falling within a stable range of RM 155K to RM 170K, and a typical market range of RM 155K to RM 170K.
Within the Low-Cost House category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 218, with most transactions between RM 203 and RM 232. The usual range is RM 181.29 to RM 253.79, showing that most units are priced quite close to each other. With an IQR of RM 72.50 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.