Taman Cheng Utama in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2026, with a median price of RM413K and a median price per square foot (PSF) of RM237.

This area contains both residential and commercial properties. View 3 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM413K, with most transactions falling within a stable range of RM236K to RM589K, and a typical market range of RM237K to RM589K.

Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM237, with core pricing between RM205 and RM270. Market pricing typically extends from RM174.55 to RM300.29, reflecting moderate variation in unit pricing. With an IQR of RM125.75 and MAD of RM33, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.