TMN CHENG BARU

TMN CHENG BARU in Melaka Tengah, Melaka recorded 22 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 790K and a median price per square foot (PSF) of RM 525.

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 790K, with most transactions falling within a stable range of RM 587K to RM 1.01 million, and a typical market range of RM 588K to RM 993K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 525, with core pricing between RM 453 and RM 597. Market pricing typically extends from RM 378.25 to RM 671.75, reflecting moderate variation in unit pricing. With an IQR of RM 293.50 and MAD of RM 72, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.