| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Cs 9
|
RM 250,000
|
RM 192
|
1,302 sqft
|
|
|
Lorong 1,Jalan Cs 8
|
RM 380,000
|
RM 221
|
1,722 sqft
|
|
|
Jalan Cs 6
|
RM 400,000
|
RM 211
|
1,894 sqft
|
|
|
|
Jalan Cs 3
|
RM 428,000
|
RM 226
|
1,894 sqft
|
|
|
|
Jalan Cs 7
|
RM 600,000
|
RM 317
|
1,894 sqft
|
|
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Market Snapshot
ResidentialRM 400,000
RM 221 psfMedian transaction price
24, Jalan Cs 3, Taman Cheng Setia, 76450 Melaka, Malaysia
MapsTaman 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 221.
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 288K to RM 512K, and a typical market range of RM 363K to RM 437K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 221, with core pricing between RM 177 and RM 264. Market pricing typically extends from RM 172.64 to RM 268.64, reflecting moderate variation in unit pricing. The spread of RM 96.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.
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.