TMN CHENG RIA

TMN CHENG RIA in Melaka Tengah, Melaka recorded 3 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 138K and a median price per square foot (PSF) of RM 164.

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 138K, with most transactions falling within a stable range of RM 135K to RM 144K, and a typical market range of RM 135K to RM 150K.

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

For price per square foot, the median is RM 164, with most transactions between RM 155 and RM 173. The usual range is RM 133.25 to RM 194.75, showing that most units are priced quite close to each other. With an IQR of RM 61.50 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.

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.