Taman Cheng Baru in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, sized between 1,575 and 1,624 sqft, with a median price of RM372K and a median price per square foot (PSF) of RM230.

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 RM372K, with most transactions falling within a stable range of RM350K to RM547K, and a typical market range of RM350K to RM574K.

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

Price per square foot shows a median of RM230, though individual units vary from RM121 to RM339 in the core range. The broader market spans RM83.34 to RM376.84, indicating diverse property characteristics. A wider spread (IQR: RM293.50) and deviation (MAD: RM109) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.