Taman Cheng Baru

75260 Cheng, Melaka, Malaysia

Property Transactions

5 subsales found

Median
RM1,100,000
PSF
RM304
Price Size
Period
transactions middle 50% (P25–P75)
RM1,640,000
Jalan Seri 7
3,089 sqft RM531 PSF
RM1,200,000
Jalan Cb 1
3,950 sqft RM304 PSF
RM900,000
Jalan Seri 5
3,520 sqft RM256 PSF
RM1,100,000
Jalan Taman Cheng Baru
3,089 sqft RM356 PSF
RM800,000
Jalan Seri 4
7,793 sqft RM103 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM800,000

RM103 psf

Median transaction price

RM1,150,000

RM330 psf

Median transaction price

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Taman Cheng Baru, 75260 Cheng, Melaka, Malaysia

Maps

Taman Cheng Baru in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, sized between 3,000 and 10,000 sqft, with a median price of RM1.10 million and a median price per square foot (PSF) of RM304.

This area contains both residential and commercial properties. View 17 residential properties or 22 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.10 million, with most transactions falling within a stable range of RM808K to RM1.39 million, and a typical market range of RM898K to RM1.30 million.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM304, though individual units vary from RM165 to RM443 in the core range. The broader market spans RM157.02 to RM450.52, indicating diverse property characteristics. A wider spread (IQR: RM293.50) and deviation (MAD: RM139) indicate significant PSF variations, likely due to diverse property types or conditions.

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.