LIST

Melaka, Melaka Tengah, Cheng

TAMAN CHENG UTAMA

Area Intelligence
2023
Median Price
RM 345,000
PSF: RM 247
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Residential PSF Trends

Median Price

RM 338,000

PSF: RM 272

Commercial PSF Trends

Median Price

RM 345,000

RM 247 PSF

TAMAN CHENG UTAMA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 345K and a median price per square foot (PSF) of RM 247.

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 345K, with most transactions falling within a stable range of RM 245K to RM 445K, and a typical market range of RM 196K to RM 480K.

Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 247, with core pricing between RM 210 and RM 284. Market pricing typically extends from RM 184.13 to RM 309.88, reflecting moderate variation in unit pricing. The spread of RM 125.75 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.

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

OSM

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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
900 sqft
Low-Cost House
RM 196,000
LORONG 1
883 sqft · RM 222 PSF
1,400 sqft
Single Storey Shop
RM 345,000
JALAN CHENG UTAMA 4
1,399 sqft · RM 247 PSF
RM 345,000
JALAN CU 4
1,399 sqft · RM 247 PSF
1,500 sqft
Double Storey Terraced
RM 480,000
JALAN CU 5
1,496 sqft · RM 321 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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