TAMAN TEKNOLOGI CHENG

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 330K to RM 1.07 million, and a typical market range of RM 330K to RM 1.02 million.

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 129 to RM 260 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 65) 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.