Melaka
Melaka Tengah
Cheng
TAMAN TEKNOLOGI CHENG

TAMAN TEKNOLOGI CHENG

Area Intelligence

2022

Median Price

RM 1,380,000

PSF: RM 189

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Commercial PSF Trends

Median Price

RM 1,380,000

RM 189 PSF

TAMAN TEKNOLOGI CHENG in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 1.38 million and a median price per square foot (PSF) of RM 189.

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 1.38 million, with most transactions falling within a stable range of RM 1.27 million to RM 1.45 million, and a typical market range of RM 1.20 million to RM 1.45 million.

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

The median PSF stands at RM 189, with core pricing between RM 170 and RM 208. Market pricing typically extends from RM 128.13 to RM 249.88, reflecting moderate variation in unit pricing. With an IQR of RM 121.75 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN TEKNOLOGI CHENG, Melaka Tengah, Melaka

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