Melaka
Melaka Tengah
Cheng
TAMAN TEKNOLOGI CHENG

TAMAN TEKNOLOGI CHENG

Area Intelligence

2024

Median Price

RM 2,850,000

PSF: RM 77

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Commercial PSF Trends

Median Price

RM 2,850,000

RM 77 PSF

TAMAN TEKNOLOGI CHENG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 2.85 million and a median price per square foot (PSF) of RM 77.

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 2.85 million, with most transactions falling within a stable range of RM 1.90 million to RM 3.80 million, and a typical market range of RM 2.41 million to RM 3.29 million.

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

For price per square foot, the median is RM 77, with most transactions between RM 72 and RM 81. The usual range is RM 15.63 to RM 137.38, showing that most units are priced quite close to each other. With an IQR of RM 121.75 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TEKNOLOGI CHENG, Melaka Tengah, Melaka

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