TAMAN TEKNOLOGI CHENG in Melaka Tengah, Melaka recorded 18 subsale transactions in 2024, with a median price of RM 1.37 million and a median price per square foot (PSF) of RM 216.
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 1.37 million, with most transactions falling within a stable range of RM 969K to RM 1.76 million, and a typical market range of RM 921K to RM 1.81 million.
Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.
The median PSF stands at RM 216, with core pricing between RM 181 and RM 251. Market pricing typically extends from RM 154.63 to RM 276.38, reflecting moderate variation in unit pricing. The spread of RM 121.75 (IQR) and deviation of RM 35 (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.
