TAMAN DESA CHENG PERDANA 1

Area Intelligence
2022
Median Price
RM 260,000
PSF: RM 182

Residential PSF Trends

Median Price

RM 260,000

PSF: RM 182

TAMAN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 7 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 182.

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 260K, with most transactions falling within a stable range of RM 188K to RM 377K, and a typical market range of RM 188K to RM 375K.

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 182, though individual units vary from RM 121 to RM 243 in the core range. The broader market spans RM 139.00 to RM 225.00, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

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
1,650 sqft
Double Storey Terraced
RM 499,000
JALAN CHENG PERDANA 1/32A
1,647 sqft · RM 303 PSF
RM 350,000
JALAN CHENG PERDANA 1/19
1,647 sqft · RM 213 PSF
1,700 sqft
RM 245,000
JALAN CHENG PERDANA 1/42
1,679 sqft · RM 146 PSF
RM 499,000
JALAN CP 1/9A
1,701 sqft · RM 293 PSF

No Properties For Sale

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

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