Melaka
Melaka Tengah
Cheng
TAMAN CHENG UTAMA

TAMAN CHENG UTAMA

Area Intelligence

Double Storey Terraced

Median Price

RM 480,000

PSF: RM 321

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Residential PSF Trends

Median Price

RM 480,000

PSF: RM 321

Commercial PSF Trends

Median Price

RM 583,000

RM 247 PSF

TAMAN CHENG UTAMA in Melaka Tengah, Melaka recorded 1 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 480K and a median price per square foot (PSF) of RM 321.

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.

Within the Double Storey Terraced category, 1 - 1 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 321, with most transactions between RM 321 and RM 321. The usual range is RM 258.13 to RM 383.88, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHENG UTAMA, Melaka Tengah, Melaka

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