Melaka
Melaka Tengah
Cheng
TAMAN TEKNOLOGI CHENG

TAMAN TEKNOLOGI CHENG

Area Intelligence

2023

Median Price

RM 580,000

PSF: RM 195

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Commercial PSF Trends

Median Price

RM 580,000

RM 195 PSF

TAMAN TEKNOLOGI CHENG in Melaka Tengah, Melaka recorded 16 subsale transactions in 2023, with a median price of RM 580K and a median price per square foot (PSF) of RM 195.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 580K, with most transactions falling within a stable range of RM 528K to RM 500K, and a typical market range of RM 330K to RM 500K.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

Price per square foot shows a median of RM 195, though individual units vary from RM 140 to RM 249 in the core range. The broader market spans RM 133.63 to RM 255.38, indicating diverse property characteristics. A wider spread (IQR: RM 121.75) and deviation (MAD: RM 55) 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 TEKNOLOGI CHENG, Melaka Tengah, Melaka

OSM

Track location

Transactions

7 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 480,000

JALAN TTC 15

1,647 sqft • RM 291.00 PSF

Dec 2023

RM 400,000

JALAN TTC 21

2,400 sqft • RM 167.00 PSF

Nov 2023

RM 330,000

JALAN TTC 14

1,647 sqft • RM 200.00 PSF

Oct 2023

RM 500,000

JALAN TTC 14

1,647 sqft • RM 304.00 PSF

May 2023

RM 430,000

JALAN TTC 22

2,400 sqft • RM 179.00 PSF

May 2023

RM 438,000

JALAN TTC 22

2,400 sqft • RM 182.00 PSF

May 2023

RM 400,000

JALAN TTC 15

2,400 sqft • RM 167.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
JALAN TTC 15	RM 480,000	RM 291.00	1,647 sqft	Dec 2023	Double Storey Shop
JALAN TTC 21	RM 400,000	RM 167.00	2,400 sqft	Nov 2023	Terraced Factory
JALAN TTC 14	RM 330,000	RM 200.00	1,647 sqft	Oct 2023	Double Storey Shop
JALAN TTC 14	RM 500,000	RM 304.00	1,647 sqft	May 2023	Double Storey Shop
JALAN TTC 22	RM 430,000	RM 179.00	2,400 sqft	May 2023	Terraced Factory
JALAN TTC 22	RM 438,000	RM 182.00	2,400 sqft	May 2023	Terraced Factory
JALAN TTC 15	RM 400,000	RM 167.00	2,400 sqft	Jan 2023	Terraced Factory