Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Cu 5
|
RM 230,000
|
RM 261
|
883 sqft
|
|
|
|
Lorong 1
|
RM 196,000
|
RM 222
|
883 sqft
|
|
|
Jalan Cu 5
|
RM 480,000
|
RM 275
|
1,744 sqft
|
|
|
Jalan Cu 1
|
RM 980,000
|
RM 242
|
4,047 sqft
|
|
|
|
Jalan Cu 1
|
RM 940,000
|
RM 232
|
4,047 sqft
|
|
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Taman Cheng Utama, 75250 Melaka, Malaysia
MapsTaman Cheng Utama in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 480K and a median price per square foot (PSF) of RM 242.
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 480K, with most transactions falling within a stable range of RM 196K to RM 817K, and a typical market range of RM 304K to RM 656K.
Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 242, with most transactions between RM 223 and RM 261. The usual range is RM 179.27 to RM 305.02, showing that most units are priced quite close to each other. With an IQR of RM 125.75 and MAD of RM 19, 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.