TAMAN TEKNOLOGI CHENG

TAMAN TEKNOLOGI CHENG in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, priced between RM 300K and RM 750K, with a median price of RM 538K and a median price per square foot (PSF) of RM 249.

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 538K, with most transactions falling within a stable range of RM 432K to RM 643K, and a typical market range of RM 380K to RM 688K.

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

Price per square foot shows a median of RM 249, though individual units vary from RM 198 to RM 300 in the core range. The broader market spans RM 188.35 to RM 310.10, indicating diverse property characteristics. The spread of RM 121.75 (IQR) and deviation of RM 51 (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.