TAMAN TEKNOLOGI CHENG

TAMAN TEKNOLOGI CHENG in Melaka Tengah, Melaka recorded 9 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 438K and a median price per square foot (PSF) of RM 218.

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 438K, with most transactions falling within a stable range of RM 358K to RM 518K, and a typical market range of RM 330K to RM 610K.

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

Price per square foot shows a median of RM 218, though individual units vary from RM 156 to RM 280 in the core range. The broader market spans RM 157.09 to RM 278.84, indicating diverse property characteristics. A wider spread (IQR: RM 121.75) and deviation (MAD: RM 62) 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.