TAMAN CHENG SETIA

Area Intelligence
2023
Median Price
RM 570,000
PSF: RM 180

Residential PSF Trends

Median Price

RM 570,000

PSF: RM 180

TAMAN CHENG SETIA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 570K and a median price per square foot (PSF) of RM 180.

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 570K, with most transactions falling within a stable range of RM 550K to RM 686K, and a typical market range of RM 550K to RM 607K.

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

The median PSF stands at RM 180, with core pricing between RM 156 and RM 204. Market pricing typically extends from RM 132.00 to RM 228.00, reflecting moderate variation in unit pricing. With an IQR of RM 96.00 and MAD of RM 24, 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

3 transactions grouped by size

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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