Cheng Mutiara Business Park

Cheng Height, 75260 Cheng, Melaka, Malaysia

Property Transactions

16 subsales grouped by size

Median
RM324,000
PSF
RM292
Price Size
Period
transactions middle 50% (P25–P75)
950 sqft
Condo
RM160,000
Level 4
958 sqft · RM167 PSF
RM168,000
Level
958 sqft · RM175 PSF
RM180,000
Level 3
958 sqft · RM188 PSF
RM160,000
Level 5
958 sqft · RM167 PSF
1,100 sqft
Condo
RM330,000
Level 5
1,100 sqft · RM300 PSF
RM385,000
Level 2
1,109 sqft · RM347 PSF
RM295,000
Level 10
1,109 sqft · RM266 PSF
RM330,000
Level 7
1,109 sqft · RM298 PSF
RM328,000
Level 5
1,109 sqft · RM296 PSF
RM288,000
Level 9
1,109 sqft · RM260 PSF
+6 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM324,000

RM292 psf

Median transaction price

Cheng Mutiara Business Park
© OpenStreetMap · CARTO

Cheng Height, 75260 Cheng, Melaka, Malaysia

Maps

Cheng Mutiara Business Park in Melaka Tengah, Melaka recorded 16 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM324K and a median price per square foot (PSF) of RM292.

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 RM324K, with most transactions falling within a stable range of RM251K to RM385K, and a typical market range of RM242K to RM385K.

Within the Condo/Apartment category, condominium/apartment dominated the market, though some variety exists in the market.

The median PSF stands at RM292, with core pricing between RM236 and RM348. Market pricing typically extends from RM235.62 to RM348.87, reflecting moderate variation in unit pricing. The spread of RM113.25 (IQR) and deviation of RM56 (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.