Area Intelligence

TMN CHENG INDAH

5 properties
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Median Price
RM 472,000
PSF: RM 303

Residential Market

Median Price

RM 484,000

IQR: RM 3
MAD: RM 3
RM 144 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 472,000

IQR: RM 16
MAD: RM 3
RM 306 PSF 4.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN CHENG INDAH in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 472K and a median price per square foot (PSF) of RM 303.

This area contains both residential and commercial properties. View 2 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 472K, with most transactions falling within a stable range of RM 429K to RM 515K, and a typical market range of RM 448K to RM 496K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 303, with core pricing between RM 272 and RM 334. Market pricing typically extends from RM 223.50 to RM 382.50, reflecting moderate variation in unit pricing. With an IQR of RM 159.00 and MAD of RM 31, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN CHENG INDAH, Melaka Tengah, Melaka

OSM

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Transactions

5 properties grouped by size

1,550 sqft
3 units Double Storey Shop
RM 515,000
CHENG INDAH 8
1,540 sqft · RM 334.00 PSF
Nov 2023
RM 467,000
JLN CI 8
1,540 sqft · RM 303.00 PSF
Aug 2023
RM 472,000
JLN CI 8
1,540 sqft · RM 306.00 PSF
Nov 2022
1,750 sqft
1 units Single Storey Terraced
RM 248,000
JLN. CHENG INDAH 10
1,759 sqft · RM 141.00 PSF
Oct 2021
4,900 sqft
1 units Detached
RM 720,000
JLN. CHENG INDAH 1
4,908 sqft · RM 147.00 PSF
Dec 2021