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Market Snapshot
ResidentialRM 450,000
RM 283 psfMedian transaction price
24, Jalan Cs 3, Taman Cheng Setia, 76450 Melaka, Malaysia
MapsTaman Cheng Setia in Melaka Tengah, Melaka recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 450K and a median price per square foot (PSF) of RM 283.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 401K to RM 499K, and a typical market range of RM 413K to RM 487K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 283, with core pricing between RM 251 and RM 315. Market pricing typically extends from RM 235.00 to RM 331.00, reflecting moderate variation in unit pricing. With an IQR of RM 96.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.