TMN CHENG BARU

TMN CHENG BARU in Melaka Tengah, Melaka recorded 16 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 372K and a median price per square foot (PSF) of RM 235.

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 372K, with most transactions falling within a stable range of RM 250K to RM 494K, and a typical market range of RM 250K to RM 574K.

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

Price per square foot shows a median of RM 235, though individual units vary from RM 182 to RM 288 in the core range. The broader market spans RM 88.25 to RM 381.75, indicating diverse property characteristics. The spread of RM 293.50 (IQR) and deviation of RM 53 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.