Taman Cheng Jaya Fasa 2

Taman Cheng Jaya, 75250 Melaka, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM230,000
PSF
RM193
Price Size
Period
transactions middle 50% (P25–P75)
1,200 sqft
Terrace
RM225,000
Cheng Jaya 4
1,195 sqft · RM188 PSF
RM230,000
Jalan Cheng Jaya 7
1,195 sqft · RM193 PSF
RM220,000
Jalan Cheng Jaya 4
1,195 sqft · RM184 PSF
RM180,000
Jalan Cheng Jaya 3
1,195 sqft · RM151 PSF
RM300,000
Jalan Cheng Jaya 5
1,195 sqft · RM251 PSF
RM250,000
Jalan Cheng Jaya 9
1,195 sqft · RM209 PSF
RM230,000
Jalan Cheng Jaya 9
1,195 sqft · RM193 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Cheng Jaya Fasa 2? Homes here sold for a median of RM230,000.

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Market Snapshot

Residential

RM230,000

RM193 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 7 subsale transactions in 2023, 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 RM197K to RM263K, 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 RM165 and RM221. Market pricing typically extends from RM168.50 to RM216.50, reflecting moderate variation in unit pricing. With an IQR of RM48.00 and MAD of RM28, 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.