TMN CHENG PERMAI Property Investment Analysis

Cheng, Melaka Tengah, Melaka

Median Price
RM 360,000
CAGR
+7.4%
Median PSF
RM 257.00
CAGR
+7.4%
Transactions
6
Period
2021-2024

TMN CHENG PERMAI in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 257.

This area contains both residential and commercial properties. View 3 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 360K, with most transactions falling within a stable range of RM 275K to RM 445K, and a typical market range of RM 276K to RM 444K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 257, though individual units vary from RM 196 to RM 318 in the core range. The broader market spans RM 197.00 to RM 317.00, indicating diverse property characteristics. The spread of RM 120.00 (IQR) and deviation of RM 61 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

6 found
2 - 2 1/2 Storey Shop
JALAN CP 3
RM 452,000
PSF: RM 323.00
Area: 1,399 sqft
Date: Mar 2024
2 - 2 1/2 Storey Terraced
JLN CP
RM 250,000
PSF: RM 70.00
Area: 3,595 sqft
Date: Nov 2023
2 - 2 1/2 Storey Shop
JALAN CP 3
RM 440,000
PSF: RM 314.00
Area: 1,399 sqft
Date: Oct 2023
2 - 2 1/2 Storey Terraced
JALAN CP 4
RM 280,000
PSF: RM 200.00
Area: 1,399 sqft
Date: Sep 2022
2 - 2 1/2 Storey Terraced
JALAN CP 4
RM 280,000
PSF: RM 200.00
Area: 1,399 sqft
Date: Oct 2021
2 - 2 1/2 Storey Shop
JLN CP 3
RM 450,000
PSF: RM 322.00
Area: 1,399 sqft
Date: Aug 2021