Selling in Cheng Mutiara Business Park? Homes here sold for a median of RM124,000.
Free to list, about two minutes, and the buyers reading this page will see it.
Posts about Cheng Mutiara Business Park
No posts about Cheng Mutiara Business Park yet. Be the first to share what’s happening here.
Nearby areas in Bertam
Taman Gadong Utama(Bertam Perdana)
Taman Gadong Perdana(Gadong Utama Sec.1)
Taman Puncak Bertam (Malim Hill Park)
Taman Cheng Ria
Cheng Mutiara Business Park
Taman Bertam Ria
Noa Residence
Pangsapuri Bertam Malim (Taman Seri Nanas)
Taman Cheng Bestari
Cheng Heights Condominium
Taman Bertam Murni
Taman Gadong Utama (Bertam Perdana)
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bertam
Market Snapshot
ResidentialRM124,000
RM146 psfMedian transaction price
Cheng Height, 75260 Cheng, Melaka, Malaysia
MapsCheng Mutiara Business Park in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM124K and a median price per square foot (PSF) of RM146.
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 RM124K, with most transactions falling within a stable range of RM88K to RM160K, and a typical market range of RM88K to RM160K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM146, with core pricing between RM126 and RM167. Market pricing typically extends from RM89.78 to RM203.03, reflecting moderate variation in unit pricing. With an IQR of RM113.25 and MAD of RM21, 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.