| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ttc 21
|
RM 375,000
|
RM 260
|
1,442 sqft
|
|
|
Jalan Ttc 13
|
RM 550,000
|
RM 197
|
2,799 sqft
|
|
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Market Snapshot
CommercialRM 462,500
RM 228 psfMedian transaction price
Taman Teknologi Cheng, Cheng, Malacca, Malaysia
MapsTaman Teknologi Cheng in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 463K and a median price per square foot (PSF) of RM 228.
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 463K, with most transactions falling within a stable range of RM 375K to RM 550K, and a typical market range of RM 375K to RM 550K.
Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.
The median PSF stands at RM 228, with core pricing between RM 197 and RM 260. Market pricing typically extends from RM 167.39 to RM 289.14, reflecting moderate variation in unit pricing. With an IQR of RM 121.75 and MAD of RM 32, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.