TMN CHENG BESTARI
Residential Market
Median Price
RM 460,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 560,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
3 properties
Median Price
RM 560,000
Median PSF
RM 400.00
Double Storey Terraced
3 properties
Median Price
RM 457,500
+17.3% CAGR
Median PSF
RM 272.00
-1.1% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 3 |
RM 560,000
|
- |
RM 400.00
|
- | |
Double Storey Terraced | 3 |
RM 457,500
±73K MAD
|
+17.33% |
RM 272.00
±3 MAD
|
-1.10% |
TMN CHENG BESTARI in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 535K and a median price per square foot (PSF) of RM 347.
This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 535K, with most transactions falling within a stable range of RM 470K to RM 600K, and a typical market range of RM 476K to RM 594K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 347, with core pricing between RM 284 and RM 409. Market pricing typically extends from RM 295.25 to RM 397.75, reflecting moderate variation in unit pricing. The spread of RM 102.50 (IQR) and deviation of RM 63 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
6 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN CB 8
|
RM 460,000
|
RM 329.00
|
1,399 sqft
|
Feb 2024
|
Double Storey Terraced |
JLN CB 1
|
RM 600,000
|
RM 429.00
|
1,399 sqft
|
Sep 2022
|
Double Storey Shop |
JALAN CB
|
RM 385,000
|
RM 275.00
|
1,399 sqft
|
Sep 2022
|
Double Storey Terraced |
JLN CB 1
|
RM 510,000
|
RM 364.00
|
1,399 sqft
|
Apr 2022
|
Double Storey Shop |
JLN CB 1
|
RM 560,000
|
RM 400.00
|
1,399 sqft
|
Jan 2022
|
Double Storey Shop |
JLN CB 4
|
RM 600,000
|
RM 209.00
|
2,874 sqft
|
Mar 2024
|