TAMAN CHENG PERDANA

TAMAN CHENG PERDANA in Melaka Tengah, Melaka recorded 18 subsale transactions in 2023, with a median price of RM 390K and a median price per square foot (PSF) of RM 248.

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 390K, with most transactions falling within a stable range of RM 273K to RM 507K, and a typical market range of RM 321K to RM 459K.

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 248, though individual units vary from RM 177 to RM 320 in the core range. The broader market spans RM 214.13 to RM 281.88, 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.