Area Intelligence

TMN BKT CHENG

29 properties
2023
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Median Price
RM 430,000
PSF: RM 264

Residential Market

Median Price

RM 439,000

IQR: RM 117
MAD: RM 58
RM 253 PSF 7.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 365,000

IQR: RM 35
MAD: RM 23
RM 276 PSF 2.5%

PSF Trends (2021-2025)

TMN BKT CHENG in Melaka Tengah, Melaka recorded 29 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 264.

This area contains both residential and commercial properties. View 85 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 430K, with most transactions falling within a stable range of RM 286K to RM 574K, and a typical market range of RM 345K to RM 515K.

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

Price per square foot shows a median of RM 264, though individual units vary from RM 166 to RM 362 in the core range. The broader market spans RM 205.50 to RM 322.50, indicating diverse property characteristics. A wider spread (IQR: RM 117.00) and deviation (MAD: RM 98) 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN BKT CHENG, Melaka Tengah, Melaka

OSM

Transactions

29 properties found

Double Storey Terraced JLN TBC 37
RM 615,000
1,399 sqft Dec 2023
RM 440.00 PSF
Double Storey Terraced TBC 39
RM 675,000
2,691 sqft Dec 2023
RM 251.00 PSF
Town House
RM 250,000
1,259 sqft Dec 2023
RM 199.00 PSF
Single Storey Terraced JLN TBC 29
RM 360,000
2,680 sqft Nov 2023
RM 134.00 PSF
Double Storey Semi-D JALAN TBC
RM 799,000
2,863 sqft Nov 2023
RM 279.00 PSF
Double Storey Terraced JALAN TBC 18
RM 410,000
1,302 sqft Nov 2023
RM 315.00 PSF
Detached JLN TBC 31
RM 590,000
5,210 sqft Nov 2023
RM 113.00 PSF
Double Storey Terraced JALAN TBC 14
RM 540,000
3,832 sqft Oct 2023
RM 141.00 PSF
Single Storey Terraced JALAN TBC 12
RM 360,000
1,970 sqft Sep 2023
RM 183.00 PSF
Town House
RM 270,000
1,234 sqft Sep 2023
RM 219.00 PSF
Double Storey Terraced OFF JALAN CHENG LAMA
RM 480,000
1,399 sqft Aug 2023
RM 343.00 PSF
Single Storey Terraced JLN TBC 29
RM 270,000
1,302 sqft Jul 2023
RM 207.00 PSF
Double Storey Terraced JALAN TBC 14
RM 450,000
1,302 sqft Jul 2023
RM 346.00 PSF
Double Storey Terraced JLN TBC 14
RM 400,000
1,302 sqft Jul 2023
RM 307.00 PSF
Double Storey Terraced TBC 39
RM 560,000
1,399 sqft Jul 2023
RM 400.00 PSF
Detached JLN TBC 31
RM 596,000
5,210 sqft Jul 2023
RM 114.00 PSF
Double Storey Shop JALAN TBC 6
RM 350,000
1,324 sqft Jun 2023
RM 264.00 PSF
Single Storey Terraced JALAN TBC 13
RM 300,000
1,884 sqft May 2023
RM 159.00 PSF
Double Storey Shop JALAN TBC 6
RM 380,000
1,324 sqft May 2023
RM 287.00 PSF
Double Storey Terraced JALAN TBC 21 A
RM 439,000
1,475 sqft May 2023
RM 298.00 PSF
Double Storey Terraced JLN TBC 16
RM 330,000
1,302 sqft May 2023
RM 253.00 PSF
Double Storey Terraced OFF JALAN CHENG LAMA
RM 430,000
1,432 sqft May 2023
RM 300.00 PSF
Detached JLN TBC 31
RM 573,000
4,833 sqft May 2023
RM 119.00 PSF
Double Storey Terraced JALAN TBC 19
RM 350,000
1,302 sqft Apr 2023
RM 269.00 PSF
Double Storey Terraced JLN TBC 22
RM 430,000
2,799 sqft Apr 2023
RM 154.00 PSF
Double Storey Terraced JLN TBC
RM 735,000
1,496 sqft Mar 2023
RM 491.00 PSF
Double Storey Terraced JLN TBC 39
RM 680,000
2,131 sqft Mar 2023
RM 319.00 PSF
Single Storey Semi-D LORONG 1
RM 500,000
4,069 sqft Feb 2023
RM 123.00 PSF
Double Storey Terraced JLN TBC 16
RM 349,000
1,302 sqft Jan 2023
RM 268.00 PSF