Cheng Heights Condominium

50, Jalan Cm 1, Taman Mutiara, 75250 Cheng, Melaka, Malaysia

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50, Jalan Cm 1, Taman Mutiara, 75250 Cheng, Melaka, Malaysia

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Cheng Heights Condominium in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM335K and a median price per square foot (PSF) of RM283.

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 RM335K, with most transactions falling within a stable range of RM310K to RM360K, and a typical market range of RM307K to RM363K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM283, with core pricing between RM253 and RM313. Market pricing typically extends from RM254.50 to RM311.50, reflecting moderate variation in unit pricing. With an IQR of RM57.00 and MAD of RM30, 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.