Area Intelligence

TMN BKT CHENG

1 properties
3-Storey Storey Shop
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Median Price
RM 505,000
PSF: RM 381

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 505,000

IQR: RM 35
MAD: RM 23
RM 381 PSF 2.5%

PSF Trends (2021-2025)

TMN BKT CHENG in Melaka Tengah, Melaka recorded 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 505K and a median price per square foot (PSF) of RM 381.

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.

Within the 3-Storey 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 381, with most transactions between RM 381 and RM 381. The usual range is RM 322.50 to RM 439.50, showing that most units are priced quite close to each other. With an IQR of RM 117.00 and MAD of RM 0, 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

1 properties grouped by size

1,300 sqft
1 units 3-Storey Storey Shop
RM 505,000
JALAN TBC 9
1,324 sqft · RM 381.00 PSF
Jul 2022