Cheng Mutiara Business Park in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM85K and a median price per square foot (PSF) of RM121.

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 RM85K, with most transactions falling within a stable range of RM82K to RM88K, and a typical market range of RM82K to RM88K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM121, with most transactions between RM115 and RM126. The usual range is RM63.97 to RM177.23, showing that most units are priced quite close to each other. With an IQR of RM113.25 and MAD of RM5, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.