Melaka
Melaka Tengah
Cheng
TAMAN TEKNOLOGI CHENG

TAMAN TEKNOLOGI CHENG

Area Intelligence

2022

Median Price

RM 707,500

PSF: RM 270

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Commercial PSF Trends

Median Price

RM 707,500

RM 270 PSF

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 800K to RM 775K, and a typical market range of RM 800K to RM 935K.

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 224 and RM 316. Market pricing typically extends from RM 208.63 to RM 330.38, reflecting moderate variation in unit pricing. The spread of RM 121.75 (IQR) and deviation of RM 46 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN TEKNOLOGI CHENG, Melaka Tengah, Melaka

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