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 532K to RM 570K, and a typical market range of RM 532K 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 259 and RM 339. 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 40, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHENG SETIA, Melaka Tengah, Melaka

OSM

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Transactions

4 transactions grouped by size

2,000 sqft
Double Storey Terraced
RM 532,000
JALAN CS 3A
1,981 sqft · RM 269 PSF
3,150 sqft
Double Storey Semi-D
RM 570,000
JALAN CS 3
3,165 sqft · RM 180 PSF
3,250 sqft
Double Storey Semi-D
RM 550,000
JALAN CS 3A
3,251 sqft · RM 169 PSF
3,600 sqft
Double Storey Semi-D
RM 805,000
JALAN CS 14
3,595 sqft · RM 224 PSF

No Properties For Sale

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

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