Taman Cheng Baru in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 3,075 and 3,124 sqft, with a median price of RM1.37 million and a median price per square foot (PSF) of RM443.

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 RM1.37 million, with most transactions falling within a stable range of RM1.10 million to RM1.64 million, and a typical market range of RM1.17 million to RM1.57 million.

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

The median PSF stands at RM443, with core pricing between RM356 and RM531. Market pricing typically extends from RM296.72 to RM590.22, reflecting moderate variation in unit pricing. The spread of RM293.50 (IQR) and deviation of RM87 (MAD) suggest moderate price variations reflecting different property features.

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.