Property Type
| LIST.MY · Taman Cheng Baru | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Jalan Seri 4
|
RM480,000
|
RM354
|
1,356 sqft
|
|
2-Sty Terrace |
|
Jalan Ayu
|
RM390,000
|
RM288
|
1,356 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Lorong Molek 4
|
RM450,000
|
RM332
|
1,356 sqft
|
|
2-Sty Terrace |
|
Jalan Ayu
|
RM260,000
|
RM192
|
1,356 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Jalan Molek
|
RM360,000
|
RM265
|
1,356 sqft
|
|
2-Sty Terrace |
Selling in Taman Cheng Baru? Homes here sold for a median of RM390,000.
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Cheng
Market Snapshot
RM390,000
RM288 psfMedian transaction price
RM790,000
RM525 psfMedian transaction price
Taman Cheng Baru, 75260 Cheng, Melaka, Malaysia
MapsTaman Cheng Baru in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, sized between 1,325 and 1,374 sqft, with a median price of RM390K and a median price per square foot (PSF) of RM288.
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 RM390K, with most transactions falling within a stable range of RM313K to RM467K, and a typical market range of RM260K to RM480K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM288, with core pricing between RM231 and RM344. Market pricing typically extends from RM140.81 to RM434.31, reflecting moderate variation in unit pricing. The spread of RM293.50 (IQR) and deviation of RM57 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.