| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM330,000
|
RM300
|
1,100 sqft
|
|
|
|
Level 2
|
RM385,000
|
RM347
|
1,109 sqft
|
|
|
|
Level 10
|
RM295,000
|
RM266
|
1,109 sqft
|
|
|
|
Level 7
|
RM330,000
|
RM298
|
1,109 sqft
|
|
|
|
Level 5
|
RM328,000
|
RM296
|
1,109 sqft
|
|
Selling in Cheng Mutiara Business Park? Homes here sold for a median of RM328,000.
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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
ResidentialRM328,000
RM296 psfMedian transaction price
Cheng Height, 75260 Cheng, Melaka, Malaysia
MapsCheng Mutiara Business Park in Melaka Tengah, Melaka recorded 7 subsale transactions in 2024, with a median price of RM328K and a median price per square foot (PSF) of RM296.
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 RM328K, with most transactions falling within a stable range of RM225K to RM385K, and a typical market range of RM246K to RM385K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM296, though individual units vary from RM224 to RM367 in the core range. The broader market spans RM239.23 to RM352.48, indicating diverse property characteristics. The spread of RM113.25 (IQR) and deviation of RM72 (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.