Melaka
Melaka Tengah
Cheng
TAMAN CHENG UTAMA

TAMAN CHENG UTAMA

Area Intelligence

2024

Median Price

RM 230,000

PSF: RM 261

Facebook X (Twitter)

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 1 subsale transactions in 2024, with a median price of RM 230K and a median price per square foot (PSF) of RM 261.

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.

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 261, with most transactions between RM 261 and RM 261. The usual range is RM 198.13 to RM 323.88, showing that most units are priced quite close to each other. With an IQR of RM 125.75 and MAD of RM 0, 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.

Loading map...

TAMAN CHENG UTAMA, Melaka Tengah, Melaka

OSM