Cheng Mutiara Business Park in Melaka Tengah, Melaka recorded 4 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM119K and a median price per square foot (PSF) of RM165.

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 RM119K, with most transactions falling within a stable range of RM82K to RM157K, and a typical market range of RM82K to RM170K.

Within the Low-Cost Flat category, condominium/apartment dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM165, though individual units vary from RM105 to RM225 in the core range. The broader market spans RM108.73 to RM221.98, indicating diverse property characteristics. A wider spread (IQR: RM113.25) and deviation (MAD: RM60) indicate significant PSF variations, likely due to diverse property types or conditions.

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.