TMN CHENG PERDANA

TMN CHENG PERDANA in Melaka Tengah, Melaka recorded 18 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 274.

This area contains both residential and commercial properties. View 36 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 380K, with most transactions falling within a stable range of RM 290K to RM 470K, and a typical market range of RM 315K to RM 445K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 274, though individual units vary from RM 219 to RM 328 in the core range. The broader market spans RM 239.50 to RM 307.50, indicating diverse property characteristics. The spread of RM 68.00 (IQR) and deviation of RM 55 (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.