TMN CHENG PERDANA

TMN CHENG PERDANA in Melaka Tengah, Melaka recorded 9 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 430K and a median price per square foot (PSF) of RM 274.

This area contains both residential and commercial properties. View 36 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 430K, with most transactions falling within a stable range of RM 320K to RM 583K, and a typical market range of RM 365K to RM 495K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 274, though individual units vary from RM 202 to RM 346 in the core range. The broader market spans RM 240.00 to RM 308.00, indicating diverse property characteristics. A wider spread (IQR: RM 68.00) and deviation (MAD: RM 72) indicate significant PSF variations, likely due to diverse property types or conditions.

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.