Taman Cheng Bestari in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 1,625 and 1,674 sqft, with a median price of RM460K and a median price per square foot (PSF) of RM283.

This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM460K, with most transactions falling within a stable range of RM385K to RM549K, and a typical market range of RM403K to RM518K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM283, with core pricing between RM228 and RM338. Market pricing typically extends from RM243.02 to RM323.02, reflecting moderate variation in unit pricing. The spread of RM80.00 (IQR) and deviation of RM55 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.