TMN CHENG JAYA FASA 2

TMN CHENG JAYA FASA 2 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2025, with a median price of RM 250K and a median price per square foot (PSF) of RM 152.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 194K to RM 306K, and a typical market range of RM 221K to RM 279K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 152, with core pricing between RM 124 and RM 180. Market pricing typically extends from RM 129.75 to RM 174.25, reflecting moderate variation in unit pricing. The spread of RM 44.50 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.