TAMAN CHENG UTAMA

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.