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
|
|
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Taman Cheng Utama, 75250 Melaka, Malaysia
MapsTaman Cheng Utama in Melaka Tengah, Melaka recorded 2 Low-Cost House properties subsale transactions between 2021 and 2026, with a median price of RM 213K and a median price per square foot (PSF) of RM 241.
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.
Within the Low-Cost House 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 241, with most transactions between RM 222 and RM 261. The usual range is RM 178.45 to RM 304.20, 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.