Taman Cheng Jaya Fasa 2

Taman Cheng Jaya, 75250 Melaka, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM192,500
PSF
RM161
Price Size
Period
transactions middle 50% (P25–P75)
1,200 sqft
Terrace
RM200,000
Jalan Cheng Jaya 7
1,195 sqft · RM167 PSF
RM180,000
Jalan Cheng Jaya 10
1,195 sqft · RM151 PSF
RM220,000
Jalan Cheng Jaya 4
1,195 sqft · RM184 PSF
RM185,000
Jalan Cheng Jaya 3
1,195 sqft · RM155 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Cheng Jaya Fasa 2? Homes here sold for a median of RM192,500.

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Market Snapshot

Residential

RM192,500

RM161 psf

Median transaction price

Taman Cheng Jaya Fasa 2
© OpenStreetMap · CARTO

Taman Cheng Jaya, 75250 Melaka, Malaysia

Maps

Taman Cheng Jaya Fasa 2 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM193K and a median price per square foot (PSF) of RM161.

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 RM193K, with most transactions falling within a stable range of RM180K to RM208K, and a typical market range of RM180K to RM220K.

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

For price per square foot, the median is RM161, with most transactions between RM148 and RM174. The usual range is RM137.12 to RM185.12, showing that most units are priced quite close to each other. A typical spread (IQR) of RM48.00 and an average deviation (MAD) of RM13 indicate a highly stable PSF trend across properties.

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.