TAMAN DESA CHENG PERDANA 1

Area Intelligence
2022
Median Price
RM 247,500
PSF: RM 160

Residential PSF Trends

Median Price

RM 247,500

PSF: RM 160

TAMAN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, priced up to RM 300K, with a median price of RM 248K and a median price per square foot (PSF) of RM 160.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 248K, with most transactions falling within a stable range of RM 219K to RM 260K, and a typical market range of RM 188K to RM 260K.

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

The median PSF stands at RM 160, with core pricing between RM 143 and RM 178. Market pricing typically extends from RM 117.27 to RM 203.27, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 17, 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 DESA CHENG PERDANA 1, Melaka Tengah, Melaka

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Property Transactions

4 transactions found

RM 245,000
JALAN CHENG PERDANA 1/42
1,679 sqft RM 146 PSF
RM 250,000
JALAN CHENG PERDANA 1/47
1,432 sqft RM 175 PSF
RM 260,000
JALAN CHENG PERDANA 1/47
1,432 sqft RM 182 PSF
RM 188,000
JALAN CHENG PERDANA 1/48
1,324 sqft RM 142 PSF

No Properties For Sale

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

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