Taman Cheng Jaya Fasa 2 in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM230K and a median price per square foot (PSF) of RM193.

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 RM230K, with most transactions falling within a stable range of RM200K to RM260K, and a typical market range of RM201K to RM259K.

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

The median PSF stands at RM193, with core pricing between RM167 and RM219. Market pricing typically extends from RM169.00 to RM217.00, reflecting moderate variation in unit pricing. With an IQR of RM48.00 and MAD of RM26, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.