TMN CHENG SETIA

TMN CHENG SETIA in Melaka Tengah, Melaka recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 450K and a median price per square foot (PSF) of RM 292.

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 450K, with most transactions falling within a stable range of RM 399K to RM 500K, and a typical market range of RM 413K to RM 487K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 292, with core pricing between RM 259 and RM 325. Market pricing typically extends from RM 241.25 to RM 342.75, reflecting moderate variation in unit pricing. With an IQR of RM 101.50 and MAD of RM 33, 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.