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Market Snapshot
CommercialRM 651,500
RM 208 psfMedian transaction price
Taman Teknologi Cheng, Cheng, Malacca, Malaysia
MapsTaman Teknologi Cheng in Melaka Tengah, Melaka recorded 0 subsale transactions in 2026, with a median price of RM 835K and a median price per square foot (PSF) of RM 202.
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 835K, with most transactions falling within a stable range of RM 439K to RM 1.23 million, and a typical market range of RM 391K to RM 1.28 million.
Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.
The median PSF stands at RM 202, with core pricing between RM 167 and RM 237. Market pricing typically extends from RM 141.13 to RM 262.88, reflecting moderate variation in unit pricing. The spread of RM 121.75 (IQR) and deviation of RM 35 (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.