Area Intelligence

TMN BKT CHENG

4 properties
Double Storey Shop
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Median Price
RM 374,000
PSF: RM 283

Residential Market

Median Price

RM 360,000

IQR: RM 117
MAD: RM 58
RM 250 PSF 7.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 374,000

IQR: RM 35
MAD: RM 23
RM 283 PSF 2.5%

PSF Trends (2021-2025)

TMN BKT CHENG in Melaka Tengah, Melaka recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 374K and a median price per square foot (PSF) of RM 283.

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 374K, with most transactions falling within a stable range of RM 350K to RM 398K, and a typical market range of RM 350K to RM 415K.

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

For price per square foot, the median is RM 283, with most transactions between RM 265 and RM 300. The usual range is RM 224.00 to RM 341.00, showing that most units are priced quite close to each other. With an IQR of RM 117.00 and MAD of RM 18, 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.

Area Location

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TMN BKT CHENG, Melaka Tengah, Melaka

OSM

Transactions

4 properties grouped by size

1,300 sqft
4 units Double Storey Shop
RM 415,000
JALAN TBC 6
1,324 sqft · RM 313.00 PSF
Sep 2024
RM 350,000
JALAN TBC 6
1,324 sqft · RM 264.00 PSF
Jun 2023
RM 380,000
JALAN TBC 6
1,324 sqft · RM 287.00 PSF
May 2023
RM 368,000
JALAN TBC 6
1,324 sqft · RM 278.00 PSF
Nov 2022