TAMAN DESA CHENG PERDANA 1

Area Intelligence
2023
Median Price
RM 474,000
PSF: RM 177

Residential PSF Trends

Median Price

RM 474,000

PSF: RM 177

TAMAN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 474K and a median price per square foot (PSF) of RM 177.

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 474K, with most transactions falling within a stable range of RM 407K to RM 538K, and a typical market range of RM 359K to RM 538K.

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 177, though individual units vary from RM 114 to RM 241 in the core range. The broader market spans RM 134.47 to RM 220.47, indicating diverse property characteristics. A wider spread (IQR: RM 86.00) and deviation (MAD: RM 64) 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

6 transactions grouped by size

1,700 sqft
Double Storey Terraced
RM 530,000
CHENG PERDANA 1/28
1,722 sqft · RM 308 PSF
2,350 sqft
Double Storey Terraced
RM 440,000
JALAN TAMAN DESA CHENG PERDANA 1/46
2,357 sqft · RM 187 PSF
RM 498,000
JALAN CP 1/46
2,357 sqft · RM 211 PSF
2,850 sqft
Single Storey Terraced
RM 340,000
LORONG 1 JALAN CP 1/31
2,842 sqft · RM 120 PSF
3,200 sqft
Single Storey Semi-D
RM 538,000
JALAN CHENG PERDANA 1/42
3,197 sqft · RM 168 PSF
3,700 sqft
Single Storey Semi-D
RM 450,000
JALAN CHENG PERDANA
3,692 sqft · RM 122 PSF

No Properties For Sale

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

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