| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Cp 4
|
RM 280,000
|
RM 193
|
1,453 sqft
|
|
|
Jalan Cp 3
|
RM 450,000
|
RM 157
|
2,863 sqft
|
|
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Taman Cheng Permai, Taman Cheng Perdana, 75250 Malacca, Malaysia
MapsTaman 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 175.
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 terraced, with moderate diversity in property types available.
The median PSF stands at RM 175, with core pricing between RM 157 and RM 193. Market pricing typically extends from RM 114.93 to RM 234.93, reflecting moderate variation in unit pricing. With an IQR of RM 120.00 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.
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.