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 212

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 330K to RM 478K, and a typical market range of RM 330K to RM 465K.

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 212, though individual units vary from RM 150 to RM 273 in the core range. The broader market spans RM 168.68 to RM 254.68, indicating diverse property characteristics. A wider spread (IQR: RM 86.00) and deviation (MAD: RM 61) 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.

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TAMAN DESA CHENG PERDANA 1, Melaka Tengah, Melaka

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Transactions

7 transactions grouped by size

850 sqft
Double Storey Terraced
RM 330,000
JALAN CHENG PERDANA 1/41
840 sqft · RM 393 PSF
1,700 sqft
Double Storey Terraced
RM 450,000
CHENG PERDANA 1/13
1,722 sqft · RM 261 PSF
RM 350,000
JALAN CHENG PERDANA 1/19
1,722 sqft · RM 203 PSF
2,150 sqft
Double Storey Terraced
RM 499,000
JALAN CHENG PERDANA 1/32A
2,131 sqft · RM 234 PSF
2,350 sqft
Double Storey Terraced
RM 660,000
JALAN CP 1/46
2,357 sqft · RM 280 PSF
RM 499,000
JALAN CP 1/9A
2,357 sqft · RM 212 PSF
3,200 sqft
Double Storey Semi-D
RM 690,000
JALAN CHENG PERDANA 1/27
3,197 sqft · RM 216 PSF

No Properties For Sale

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

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