TAMAN CHENG PERMAI

Area Intelligence
6 subsale transactions
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Median Price
RM 360,000
PSF: RM 257

Residential PSF Trends

Median Price

RM 280,000

PSF: RM 200

Commercial PSF Trends

Median Price

RM 450,000

RM 322 PSF

TAMAN CHENG PERMAI in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 257.

This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 360K, with most transactions falling within a stable range of RM 275K to RM 445K, and a typical market range of RM 276K to RM 444K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 257, though individual units vary from RM 196 to RM 318 in the core range. The broader market spans RM 197.00 to RM 317.00, indicating diverse property characteristics. The spread of RM 120.00 (IQR) and deviation of RM 61 (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.

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TAMAN CHENG PERMAI, Melaka Tengah, Melaka

OSM

Transactions

6 transactions grouped by size

1,400 sqft
RM 452,000
Double Storey Shop JALAN CP 3
1,399 sqft · RM 323.00 PSF
Mar 2024
RM 440,000
Double Storey Shop JALAN CP 3
1,399 sqft · RM 314.00 PSF
Oct 2023
RM 280,000
Double Storey Terraced JALAN CP 4
1,399 sqft · RM 200.00 PSF
Sep 2022
RM 280,000
Double Storey Terraced JALAN CP 4
1,399 sqft · RM 200.00 PSF
Oct 2021
RM 450,000
Double Storey Shop JALAN CP 3
1,399 sqft · RM 322.00 PSF
Aug 2021
3,600 sqft
Double Storey Terraced
RM 250,000
JALAN CP
3,595 sqft · RM 70.00 PSF
Nov 2023