TAMAN DESA CHENG PERDANA 1

TAMAN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 335K and a median price per square foot (PSF) of RM 195.

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 335K, with most transactions falling within a stable range of RM 223K to RM 447K, and a typical market range of RM 220K to RM 450K.

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 195, though individual units vary from RM 129 to RM 260 in the core range. The broader market spans RM 151.50 to RM 237.50, indicating diverse property characteristics. A wider spread (IQR: RM 86.00) and deviation (MAD: RM 65) indicate significant PSF variations, likely due to diverse property types or conditions.

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.