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Melaka, Melaka Tengah, Cheng

TAMAN CHENG SETIA

Area Intelligence
2024
Median Price
RM 400,000
PSF: RM 260
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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 260

TAMAN CHENG SETIA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 260.

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 400K, with most transactions falling within a stable range of RM 380K to RM 487K, and a typical market range of RM 380K to RM 437K.

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

Price per square foot shows a median of RM 260, though individual units vary from RM 194 to RM 326 in the core range. The broader market spans RM 212.00 to RM 308.00, indicating diverse property characteristics. A wider spread (IQR: RM 96.00) and deviation (MAD: RM 66) indicate significant PSF variations, likely due to diverse property types or conditions.

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

Track location

Transactions

4 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,300 sqft
Double Storey Terraced
RM 380,000
LORONG 1,JALAN CS 8
1,302 sqft · RM 292 PSF
1,550 sqft
Double Storey Terraced
RM 400,000
JALAN CS 6
1,539 sqft · RM 260 PSF
RM 428,000
JALAN CS 3
1,572 sqft · RM 272 PSF
4,800 sqft
Double Storey Terraced
RM 600,000
JALAN CS 7
4,822 sqft · RM 124 PSF

No Properties For Sale

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

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