TAMAN CHENG PERMAI

TAMAN CHENG PERMAI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 345K and a median price per square foot (PSF) of RM 192.

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 345K, with most transactions falling within a stable range of RM 250K to RM 440K, and a typical market range of RM 261K to RM 429K.

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 192, though individual units vary from RM 70 to RM 314 in the core range. The broader market spans RM 132.00 to RM 252.00, indicating diverse property characteristics. A wider spread (IQR: RM 120.00) and deviation (MAD: RM 122) 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.