Taman Cheng Utama in Melaka Tengah, Melaka recorded 4 Single Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM345K 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 RM345K, with most transactions falling within a stable range of RM330K to RM510K, and a typical market range of RM330K to RM521K.

Within the Single Storey Shop category, 1 - 1 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM237, with most transactions between RM226 and RM249. The usual range is RM174.55 to RM300.29, showing that most units are priced quite close to each other. With an IQR of RM125.75 and MAD of RM12, 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.