TAMAN DESA CHENG PERDANA 1

Area Intelligence
2022
Median Price
RM 350,000
PSF: RM 212

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 175

TAMAN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 212.

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 350K, with most transactions falling within a stable range of RM 322K to RM 260K, and a typical market range of RM 235K to RM 260K.

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

For price per square foot, the median is RM 212, with most transactions between RM 194 and RM 229. The usual range is RM 168.68 to RM 254.68, showing that most units are priced quite close to each other. 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. 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

4 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 188,000
JALAN CHENG PERDANA 1/48
1,324 sqft · RM 142 PSF
1,450 sqft
Single Storey Terraced
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
1,700 sqft
Single Storey Terraced
RM 245,000
JALAN CHENG PERDANA 1/42
1,679 sqft · RM 146 PSF

No Properties For Sale

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

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