TMN CHENG JAYA FASA 2 Property Investment Analysis

TMN CHENG JAYA FASA 2 in Melaka Tengah, Melaka recorded 19 subsale transactions between 2021 and 2025, with a median price of RM 230K and a median price per square foot (PSF) of RM 188.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 230K, with most transactions falling within a stable range of RM 210K to RM 250K, and a typical market range of RM 201K to RM 259K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 188, with core pricing between RM 167 and RM 209. Market pricing typically extends from RM 165.75 to RM 210.25, reflecting moderate variation in unit pricing. With an IQR of RM 44.50 and MAD of RM 21, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.