Property Type
Selling in Taman Cheng Baru? Homes here sold for a median of RM350,000.
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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
RM350,000
RM250 psfMedian transaction price
RM790,000
RM525 psfMedian transaction price
Taman Cheng Baru, 75260 Cheng, Melaka, Malaysia
MapsTaman Cheng Baru in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM350K and a median price per square foot (PSF) of RM250.
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.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM250, with most transactions between RM250 and RM250. The usual range is RM103.37 to RM396.87, showing that most units are priced quite close to each other. With an IQR of RM293.50 and MAD of RM0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.