TMN CHENG INDAH
Residential Market
Median Price
RM 484,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 472,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
3 properties
Median Price
RM 481,500
+4.0% CAGR
Median PSF
RM 312.25
+4.1% CAGR
Single Storey Terraced
1 properties
Median Price
RM 248,000
Median PSF
RM 141.00
Detached
1 properties
Median Price
RM 720,000
Median PSF
RM 147.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 3 |
RM 481,500
±10K MAD
|
+4.03% |
RM 312.25
±6 MAD
|
+4.08% | |
Single Storey Terraced | 1 |
RM 248,000
|
- |
RM 141.00
|
- | |
Detached | 1 |
RM 720,000
|
- |
RM 147.00
|
- |
TMN CHENG INDAH in Melaka Tengah, Melaka recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 472K and a median price per square foot (PSF) of RM 306.
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 467K to RM 494K, and a typical market range of RM 467K to RM 496K.
Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 306, with most transactions between RM 292 and RM 320. The usual range is RM 226.50 to RM 385.50, showing that most units are priced quite close to each other. With an IQR of RM 159.00 and MAD of RM 14, 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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
CHENG INDAH 8
|
RM 515,000
|
RM 334.00
|
1,540 sqft
|
Nov 2023
|
|
JLN CI 8
|
RM 467,000
|
RM 303.00
|
1,540 sqft
|
Aug 2023
|
|
JLN CI 8
|
RM 472,000
|
RM 306.00
|
1,540 sqft
|
Nov 2022
|