TAMAN CHENG SETIA

Area Intelligence
2023
Median Price
RM 459,000
PSF: RM 299

Residential PSF Trends

Median Price

RM 459,000

PSF: RM 299

TAMAN CHENG SETIA in Melaka Tengah, Melaka recorded 16 subsale transactions in 2023, with a median price of RM 459K and a median price per square foot (PSF) of RM 299.

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 459K, with most transactions falling within a stable range of RM 413K to RM 499K, and a typical market range of RM 422K to RM 496K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 299, with core pricing between RM 266 and RM 332. Market pricing typically extends from RM 251.00 to RM 347.00, reflecting moderate variation in unit pricing. With an IQR of RM 96.00 and MAD of RM 33, 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.

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TAMAN CHENG SETIA, Melaka Tengah, Melaka

OSM

Track location

Transactions

12 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 468,000
CHENG SETIA 1
1,399 sqft · RM 334 PSF
RM 435,000
JALAN CS 8
1,399 sqft · RM 311 PSF
RM 425,000
JALAN CS 3A
1,421 sqft · RM 299 PSF
RM 450,000
JALAN CS
1,421 sqft · RM 317 PSF
RM 425,000
JALAN CS 3A
1,421 sqft · RM 299 PSF
RM 390,000
JALAN CS 6
1,410 sqft · RM 277 PSF
RM 499,000
JALAN CS 3A
1,421 sqft · RM 351 PSF
RM 425,000
JALAN CS3A
1,421 sqft · RM 299 PSF
1,550 sqft
Double Storey Terraced
RM 485,000
JALAN CS 5
1,539 sqft · RM 315 PSF
RM 330,000
JALAN CHENG SETIA 14
1,539 sqft · RM 214 PSF
RM 499,000
JALAN CS3
1,539 sqft · RM 324 PSF
RM 435,000
JALAN CS3
1,539 sqft · RM 283 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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