Taman Cheng Permai in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, with a median price of RM360K and a median price per square foot (PSF) of RM193.

This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM360K, with most transactions falling within a stable range of RM275K to RM445K, and a typical market range of RM276K to RM444K.

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

Price per square foot shows a median of RM193, though individual units vary from RM132 to RM254 in the core range. The broader market spans RM132.69 to RM252.69, indicating diverse property characteristics. A wider spread (IQR: RM120.00) and deviation (MAD: RM61) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.