TMN CHENG INDAH Property Investment Analysis
PROPERTY TYPES OVERVIEW
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Shop Unit/Retail Lot | 2 | 1,230,000 |
RM 615,000
±265K MAD
|
+58.57% |
RM 1,555.50
±798 MAD
|
+76.19% |
TMN CHENG INDAH in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 472K and a median price per square foot (PSF) of RM 303.
This area contains both residential and commercial properties. View 2 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 472K, with most transactions falling within a stable range of RM 429K to RM 515K, and a typical market range of RM 448K to RM 496K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 303, with core pricing between RM 272 and RM 334. Market pricing typically extends from RM 223.50 to RM 382.50, reflecting moderate variation in unit pricing. With an IQR of RM 159.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
2 - 2 1/2 Storey Shop |
CHENG INDAH 8
|
RM 515,000
|
RM 334.00
|
1,540 sqft
|
Nov 2023
|
2 - 2 1/2 Storey Shop |
JLN CI 8
|
RM 467,000
|
RM 303.00
|
1,540 sqft
|
Aug 2023
|
2 - 2 1/2 Storey Shop |
JLN CI 8
|
RM 472,000
|
RM 306.00
|
1,540 sqft
|
Nov 2022
|
Detached |
JLN. CHENG INDAH 1
|
RM 720,000
|
RM 147.00
|
4,908 sqft
|
Dec 2021
|
1 - 1 1/2 Storey Terraced |
JLN. CHENG INDAH 10
|
RM 248,000
|
RM 141.00
|
1,759 sqft
|
Oct 2021
|