Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Cp 1/24
|
RM 170,000
|
RM 232
|
732 sqft
|
|
|
Jalan Cheng Perdana 1/15
|
RM 350,000
|
RM 248
|
1,410 sqft
|
|
2-Sty Terrace |
|
Jalan Cheng Perdana 1/31
|
RM 295,000
|
RM 211
|
1,399 sqft
|
|
Terrace |
|
Jalan Cheng Perdana 1/5
|
RM 360,000
|
RM 255
|
1,410 sqft
|
|
2-Sty Terrace |
|
Jalan Cp 1
|
RM 440,000
|
RM 282
|
1,561 sqft
|
|
|
|
Jalan. Cp 1
|
RM 340,000
|
RM 218
|
1,561 sqft
|
|
|
Jalan Cheng Perdana 1/4
|
RM 350,000
|
RM 116
|
3,014 sqft
|
|
|
Jalan Cp 1/2A
|
RM 800,000
|
RM 212
|
3,778 sqft
|
|
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Market Snapshot
RM 345,000
RM 240 psfMedian transaction price
RM 575,000
RM 164 psfMedian transaction price
Taman Cheng Perdana, 75250 Malacca, Malaysia
MapsTaman Cheng Perdana in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 225.
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 350K, with most transactions falling within a stable range of RM 179K to RM 521K, and a typical market range of RM 279K to RM 421K.
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 225, though individual units vary from RM 179 to RM 271 in the core range. The broader market spans RM 188.80 to RM 261.30, indicating diverse property characteristics. The spread of RM 72.50 (IQR) and deviation of RM 46 (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.