TMN CHENG BARU
Residential Market
Median Price
RM 390,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 840,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
22 properties
Median Price
RM 770,000
+1.0% CAGR
Median PSF
RM 507.00
+4.0% CAGR
Double Storey Terraced
16 properties
Median Price
RM 375,750
-11.6% CAGR
Median PSF
RM 224.00
-10.4% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 800,000
Median PSF
RM 103.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 22 |
RM 770,000
±45K MAD
|
+0.97% |
RM 507.00
±43 MAD
|
+4.00% | |
Double Storey Terraced | 16 |
RM 375,750
±14K MAD
|
-11.57% |
RM 224.00
±18 MAD
|
-10.36% | |
Double Storey Semi-D | 1 |
RM 800,000
|
- |
RM 103.00
|
- |
TMN CHENG BARU in Melaka Tengah, Melaka recorded 12 subsale transactions in 2024, with a median price of RM 815K and a median price per square foot (PSF) of RM 549.
This area contains both residential and commercial properties. View 17 residential properties or 22 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 815K, with most transactions falling within a stable range of RM 479K to RM 1.15 million, and a typical market range of RM 613K to RM 1.02 million.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 549, though individual units vary from RM 419 to RM 678 in the core range. The broader market spans RM 401.75 to RM 695.25, indicating diverse property characteristics. The spread of RM 293.50 (IQR) and deviation of RM 129 (MAD) suggest moderate price variations reflecting different property features.
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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
12 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN SERI 7
|
RM 748,000
|
RM 530.00
|
1,410 sqft
|
Jun 2024
|
JLN SERI 3
|
RM 350,000
|
RM 244.00
|
1,432 sqft
|
Oct 2024
|
Double Storey Terraced |
JLN SERI 7
|
RM 795,000
|
RM 551.00
|
1,442 sqft
|
Jul 2024
|
Double Storey Shop |
JLN SERI 7
|
RM 785,000
|
RM 544.00
|
1,442 sqft
|
Jun 2024
|
Double Storey Shop |
JLN SERI 7
|
RM 835,000
|
RM 558.00
|
1,496 sqft
|
Sep 2024
|
JLN SERI 7
|
RM 840,000
|
RM 550.00
|
1,528 sqft
|
Jun 2024
|
Double Storey Shop |
JLN SERI 7
|
RM 875,000
|
RM 561.00
|
1,561 sqft
|
Jun 2024
|
Double Storey Shop |
JLN AYU
|
RM 390,000
|
RM 253.00
|
1,539 sqft
|
Jun 2024
|
Double Storey Terraced |
JLN SERI 7
|
RM 875,000
|
RM 549.00
|
1,593 sqft
|
Jul 2024
|
JALAN SERI 4
|
RM 480,000
|
RM 262.00
|
1,830 sqft
|
Jun 2024
|
JALAN CB 1
|
RM 1,200,000
|
RM 563.00
|
2,131 sqft
|
Jan 2024
|
JLN SERI 7
|
RM 1,640,000
|
RM 548.00
|
2,992 sqft
|
Jun 2024
|