TMN CHENG INDAH

TMN CHENG INDAH in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 484K and a median price per square foot (PSF) of RM 144.

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 484K, with most transactions falling within a stable range of RM 248K to RM 720K, and a typical market range of RM 460K to RM 508K.

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

For price per square foot, the median is RM 144, with most transactions between RM 141 and RM 147. The usual range is RM 64.50 to RM 223.50, showing that most units are priced quite close to each other. With an IQR of RM 159.00 and MAD of RM 3, 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. Limited transaction history suggests carefully evaluating comparable sales data.