Taman Cheng Utama in Melaka Tengah, Melaka recorded 2 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM960K 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 RM960K, with most transactions falling within a stable range of RM940K to RM980K, and a typical market range of RM940K to RM980K.

Within the 3-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 RM232 and RM242. The usual range is RM174.33 to RM300.08, showing that most units are priced quite close to each other. With an IQR of RM125.75 and MAD of RM5, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.