Melaka
Melaka Tengah
Cheng
TAMAN DESA CHENG PERDANA 1

TAMAN DESA CHENG PERDANA 1

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 187

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 193

TAMAN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 187.

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 450K, with most transactions falling within a stable range of RM 367K to RM 498K, and a typical market range of RM 335K to RM 498K.

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

Price per square foot shows a median of RM 187, though individual units vary from RM 148 to RM 225 in the core range. The broader market spans RM 143.65 to RM 229.65, indicating diverse property characteristics. The spread of RM 86.00 (IQR) and deviation of RM 38 (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. 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 DESA CHENG PERDANA 1, Melaka Tengah, Melaka

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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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

Min Size (sqft)

Max Size (sqft)

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RM 340,000

LORONG 1 JALAN CP 1/31

2,842 sqft • RM 120 PSF

Nov 2023

RM 440,000

JALAN TAMAN DESA CHENG PERDANA 1/46

2,357 sqft • RM 187 PSF

Apr 2023

RM 270,000

JLAN CP 1/35 TAMAN DESA CHENG PERDANA 1

1,399 sqft • RM 193 PSF

Mar 2023

RM 498,000

JALAN CP 1/46

2,357 sqft • RM 211 PSF

Mar 2023

RM 450,000

JALAN CHENG PERDANA

3,692 sqft • RM 122 PSF

Jan 2023

Road	Price	PSF	Size	Date	Type
LORONG 1 JALAN CP 1/31	RM 340,000	RM 120	2,842 sqft	Nov 2023	Single Storey Terraced
JALAN TAMAN DESA CHENG PERDANA 1/46	RM 440,000	RM 187	2,357 sqft	Apr 2023	Double Storey Terraced
JLAN CP 1/35 TAMAN DESA CHENG PERDANA 1	RM 270,000	RM 193	1,399 sqft	Mar 2023	Single Storey Terraced
JALAN CP 1/46	RM 498,000	RM 211	2,357 sqft	Mar 2023	Double Storey Terraced
JALAN CHENG PERDANA	RM 450,000	RM 122	3,692 sqft	Jan 2023	Single Storey Semi-D