TAMAN TEKNOLOGI CHENG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 463K and a median price per square foot (PSF) of RM 245.
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 463K, with most transactions falling within a stable range of RM 67K to RM 859K, and a typical market range of RM 19K to RM 906K.
Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.
The median PSF stands at RM 245, with core pricing between RM 210 and RM 280. Market pricing typically extends from RM 184.13 to RM 305.88, reflecting moderate variation in unit pricing. With an IQR of RM 121.75 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.
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.
