Taman Cheng Jaya Fasa 2 in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, with a median price of RM255K and a median price per square foot (PSF) of RM213.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM255K, with most transactions falling within a stable range of RM200K to RM310K, and a typical market range of RM226K to RM284K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM213, though individual units vary from RM167 to RM259 in the core range. The broader market spans RM189.00 to RM237.00, indicating diverse property characteristics. The spread of RM48.00 (IQR) and deviation of RM46 (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.