TAMAN CHENG PERDANA

TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 18 subsale transactions in 2022, with a median price of RM 380K 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 380K, with most transactions falling within a stable range of RM 290K to RM 470K, and a typical market range of RM 311K to RM 449K.

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 274, though individual units vary from RM 219 to RM 328 in the core range. The broader market spans RM 239.63 to RM 307.38, indicating diverse property characteristics. The spread of RM 67.75 (IQR) and deviation of RM 55 (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.