| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Cp
|
RM 250,000
|
RM 211
|
1,184 sqft
|
|
|
Jalan Cp 3
|
RM 440,000
|
RM 154
|
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 2023, with a median price of RM 345K and a median price per square foot (PSF) of RM 182.
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 terraced, with moderate diversity in property types available.
The median PSF stands at RM 182, with core pricing between RM 154 and RM 211. Market pricing typically extends from RM 122.41 to RM 242.41, reflecting moderate variation in unit pricing. The spread of RM 120.00 (IQR) and deviation of RM 29 (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.