TMN CHENG RIA

TMN CHENG RIA in Melaka Tengah, Melaka recorded 14 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 133K and a median price per square foot (PSF) of RM 155.

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 RM 133K, with most transactions falling within a stable range of RM 98K to RM 168K, and a typical market range of RM 105K to RM 161K.

Within the Flat category, condominium/apartment dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 155, though individual units vary from RM 111 to RM 198 in the core range. The broader market spans RM 123.75 to RM 185.25, indicating diverse property characteristics. A wider spread (IQR: RM 61.50) and deviation (MAD: RM 44) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.