LIST

Melaka, Melaka Tengah, Cheng

TAMAN CHENG UTAMA

Area Intelligence
Median Price
RM 412,500
PSF: RM 254
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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 261

Commercial PSF Trends

Median Price

RM 583,000

RM 247 PSF

TAMAN CHENG UTAMA in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 413K and a median price per square foot (PSF) of RM 254.

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 RM 413K, with most transactions falling within a stable range of RM 236K to RM 589K, and a typical market range of RM 237K to RM 589K.

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

The median PSF stands at RM 254, with core pricing between RM 222 and RM 287. Market pricing typically extends from RM 191.13 to RM 316.88, reflecting moderate variation in unit pricing. With an IQR of RM 125.75 and MAD of RM 33, 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.

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TAMAN CHENG UTAMA, Melaka Tengah, Melaka

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Transactions

10 transactions grouped by size

View Type

Grouped View Individual View
900 sqft
Low-Cost House
RM 230,000
JALAN CU 5
883 sqft · RM 261 PSF
RM 196,000
LORONG 1
883 sqft · RM 222 PSF
1,400 sqft
RM 980,000
JALAN CU 1
1,399 sqft · RM 700 PSF
RM 940,000
JALAN CU 1
1,399 sqft · RM 672 PSF
RM 345,000
JALAN CHENG UTAMA 4
1,399 sqft · RM 247 PSF
RM 345,000
JALAN CU 4
1,399 sqft · RM 247 PSF
RM 330,000
JALAN CHENG UTAMA 2
1,399 sqft · RM 236 PSF
1,500 sqft
Double Storey Terraced
RM 480,000
JALAN CU 5
1,496 sqft · RM 321 PSF
1,550 sqft
Double Storey Shop
RM 583,000
JALAN CU2
1,539 sqft · RM 379 PSF
3,250 sqft
Single Storey Shop
RM 720,000
JALAN CU 2
3,261 sqft · RM 221 PSF

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

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