TAMAN CHENG SETIA

Area Intelligence
2022
Median Price
RM 450,000
PSF: RM 292

Residential PSF Trends

Median Price

RM 450,000

PSF: RM 292

TAMAN CHENG SETIA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 292.

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.

For price per square foot, the median is RM 292, with most transactions between RM 272 and RM 312. The usual range is RM 244.00 to RM 340.00, showing that most units are priced quite close to each other. With an IQR of RM 96.00 and MAD of RM 20, 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

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Transactions

8 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 350,000
JALAN CS 7
1,399 sqft · RM 250 PSF
RM 435,000
JALAN CS 2
1,399 sqft · RM 311 PSF
RM 400,000
JALAN CS 5
1,399 sqft · RM 286 PSF
1,550 sqft
Double Storey Terraced
RM 500,000
JALAN CS 4
1,539 sqft · RM 325 PSF
RM 450,000
JALAN CS 5
1,539 sqft · RM 292 PSF
RM 450,000
JALAN CS 6
1,539 sqft · RM 292 PSF
1,700 sqft
Double Storey Terraced
RM 485,000
JALAN CS 4
1,679 sqft · RM 289 PSF
RM 500,000
JALAN CS 4
1,679 sqft · RM 298 PSF

No Properties For Sale

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

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