Taman Cheng Baru in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,875 and 1,924 sqft, with a median price of RM375K and a median price per square foot (PSF) of RM199.

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 RM375K, with most transactions falling within a stable range of RM350K to RM400K, and a typical market range of RM350K to RM400K.

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

For price per square foot, the median is RM199, with most transactions between RM186 and RM212. The usual range is RM52.33 to RM345.83, showing that most units are priced quite close to each other. With an IQR of RM293.50 and MAD of RM13, 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.