Taman Cheng Utama

75250 Melaka, Malaysia

Property Transactions

10 subsales grouped by size

Period
transactions middle 50% (P25–P75)
900 sqft
LC House
RM230,000
Jalan Cu 5
883 sqft · RM261 PSF
RM196,000
Lorong 1
883 sqft · RM222 PSF
1,450 sqft
1-Sty Shop
RM345,000
Jalan Cheng Utama 4
1,453 sqft · RM237 PSF
RM345,000
Jalan Cu 4
1,453 sqft · RM237 PSF
RM330,000
Jalan Cheng Utama 2
1,453 sqft · RM227 PSF
1,750 sqft
2-Sty Terrace
RM480,000
Jalan Cu 5
1,744 sqft · RM275 PSF
2,800 sqft
1-Sty Shop
RM720,000
Jalan Cu 2
2,777 sqft · RM259 PSF
2,900 sqft
2-Sty Shop
RM583,000
Jalan Cu2
2,917 sqft · RM200 PSF
4,050 sqft
3-Sty Shop
RM980,000
Jalan Cu 1
4,047 sqft · RM242 PSF
RM940,000
Jalan Cu 1
4,047 sqft · RM232 PSF
Legend Recent Highest Price Highest PSF

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Taman Cheng Utama, 75250 Melaka, Malaysia

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Taman Cheng Utama in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2026, with a median price of RM413K and a median price per square foot (PSF) of RM237.

This area contains both residential and commercial properties. View 3 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM413K, with most transactions falling within a stable range of RM236K to RM589K, and a typical market range of RM237K to RM589K.

Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM237, with core pricing between RM205 and RM270. Market pricing typically extends from RM174.55 to RM300.29, reflecting moderate variation in unit pricing. With an IQR of RM125.75 and MAD of RM33, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.