TAMAN DESA CHENG PERDANA 1

Area Intelligence
2022
Median Price
RM 555,000
PSF: RM 155

Residential PSF Trends

Median Price

RM 555,000

PSF: RM 155

TAMAN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 555K and a median price per square foot (PSF) of RM 155.

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 555K, with most transactions falling within a stable range of RM 406K to RM 690K, and a typical market range of RM 440K to RM 670K.

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

The median PSF stands at RM 155, with core pricing between RM 125 and RM 185. Market pricing typically extends from RM 112.00 to RM 198.00, reflecting moderate variation in unit pricing. The spread of RM 86.00 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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

2,350 sqft
Double Storey Terraced
RM 330,000
JALAN CHENG PERDANA 1/41
2,357 sqft · RM 140 PSF
3,150 sqft
Double Storey Terraced
RM 450,000
CHENG PERDANA 1/13
3,154 sqft · RM 143 PSF
3,200 sqft
Double Storey Semi-D
RM 690,000
JALAN CHENG PERDANA 1/27
3,197 sqft · RM 216 PSF
3,950 sqft
Double Storey Terraced
RM 660,000
JALAN CP 1/46
3,950 sqft · RM 167 PSF

No Properties For Sale

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

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