Melaka
Melaka Tengah
Cheng
TAMAN CHENG UTAMA

TAMAN CHENG UTAMA

Area Intelligence

Median Price

RM 213,000

PSF: RM 242

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Residential PSF Trends

Median Price

RM 213,000

PSF: RM 242

Commercial PSF Trends

Median Price

RM 583,000

RM 247 PSF

TAMAN CHENG UTAMA in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 213K 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 213K, with most transactions falling within a stable range of RM 196K to RM 230K, and a typical market range of RM 196K to RM 230K.

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 222 and RM 261. The usual range is RM 178.63 to RM 304.38, showing that most units are priced quite close to each other. With an IQR of RM 125.75 and MAD of RM 20, 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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