TAMAN CHENG PERMAI

TAMAN CHENG PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 365K and a median price per square foot (PSF) of RM 261.

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 365K, with most transactions falling within a stable range of RM 280K to RM 450K, and a typical market range of RM 281K to RM 449K.

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 261, though individual units vary from RM 200 to RM 322 in the core range. The broader market spans RM 201.00 to RM 321.00, 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.