TAMAN DESA CHENG PERDANA 1

Area Intelligence
2023
Median Price
RM 440,000
PSF: RM 262

Residential PSF Trends

Median Price

RM 440,000

PSF: RM 262

TAMAN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 440K and a median price per square foot (PSF) of RM 262.

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 440K, with most transactions falling within a stable range of RM 343K to RM 530K, and a typical market range of RM 325K to RM 530K.

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 262, though individual units vary from RM 188 to RM 336 in the core range. The broader market spans RM 219.00 to RM 305.00, indicating diverse property characteristics. A wider spread (IQR: RM 86.00) and deviation (MAD: RM 74) 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

5 transactions grouped by size

1,400 sqft
Single Storey Terraced
RM 270,000
JLAN CP 1/35 TAMAN DESA CHENG PERDANA 1
1,399 sqft · RM 193 PSF
1,650 sqft
Double Storey Terraced
RM 530,000
CHENG PERDANA 1/28
1,647 sqft · RM 322 PSF
1,700 sqft
Double Storey Terraced
RM 440,000
JALAN TAMAN DESA CHENG PERDANA 1/46
1,679 sqft · RM 262 PSF
RM 498,000
JALAN CP 1/46
1,679 sqft · RM 297 PSF
2,850 sqft
Single Storey Terraced
RM 340,000
LORONG 1 JALAN CP 1/31
2,842 sqft · RM 120 PSF

No Properties For Sale

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

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