TAMAN CHENG SETIA

TAMAN CHENG SETIA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 484K and a median price per square foot (PSF) of RM 139.

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 484K, with most transactions falling within a stable range of RM 416K to RM 552K, and a typical market range of RM 447K to RM 521K.

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 139, with most transactions between RM 127 and RM 151. The usual range is RM 91.00 to RM 187.00, showing that most units are priced quite close to each other. With an IQR of RM 96.00 and MAD of RM 12, 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.