Taman Teknologi Cheng in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM463K and a median price per square foot (PSF) of RM228.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM463K, with most transactions falling within a stable range of RM375K to RM550K, and a typical market range of RM375K to RM550K.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

The median PSF stands at RM228, with core pricing between RM197 and RM260. Market pricing typically extends from RM167.39 to RM289.14, reflecting moderate variation in unit pricing. With an IQR of RM121.75 and MAD of RM32, 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.