TAMAN TEKNOLOGI CHENG in Melaka Tengah, Melaka recorded 10 subsale transactions in 2022, with a median price of RM 708K and a median price per square foot (PSF) of RM 270.
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 708K, with most transactions falling within a stable range of RM 312K to RM 1.10 million, and a typical market range of RM 264K to RM 1.15 million.
Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.
The median PSF stands at RM 270, with core pricing between RM 235 and RM 305. Market pricing typically extends from RM 208.63 to RM 330.38, 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.
