TMN CHENG PERDANA
Residential Market
Median Price
RM 400,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 380,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
26 properties
Median Price
RM 376,500
+5.8% CAGR
Median PSF
RM 260.00
+19.5% CAGR
Double Storey Shop
9 properties
Median Price
RM 490,000
+8.3% CAGR
Median PSF
RM 284.00
+7.0% CAGR
Single Storey Terraced
8 properties
Median Price
RM 295,000
+6.5% CAGR
Median PSF
RM 186.00
+6.5% CAGR
Low-Cost House
2 properties
Median Price
RM 162,500
+9.7% CAGR
Median PSF
RM 217.50
+14.3% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 26 |
RM 376,500
±28K MAD
|
+5.77% |
RM 260.00
±15 MAD
|
+19.46% | |
| Double Storey Shop | 9 |
RM 490,000
±85K MAD
|
+8.33% |
RM 284.00
±41 MAD
|
+6.98% | |
| Single Storey Terraced | 8 |
RM 295,000
±10K MAD
|
+6.52% |
RM 186.00
±25 MAD
|
+6.51% | |
| Low-Cost House | 2 |
RM 162,500
±8K MAD
|
+9.68% |
RM 217.50
±15 MAD
|
+14.29% |
TMN CHENG PERDANA in Melaka Tengah, Melaka recorded 18 subsale transactions in 2023, with a median price of RM 390K and a median price per square foot (PSF) of RM 248.
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 390K, with most transactions falling within a stable range of RM 273K to RM 507K, and a typical market range of RM 325K to RM 455K.
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 248, though individual units vary from RM 177 to RM 320 in the core range. The broader market spans RM 214.00 to RM 282.00, indicating diverse property characteristics. A wider spread (IQR: RM 68.00) and deviation (MAD: RM 72) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
Filter by type, year, price, and size
Transactions
18 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN CP 1/24
|
RM 155,000
|
RM 203.00
|
764 sqft
|
Oct 2023
|
|
JALAN 1/18
|
RM 250,000
|
RM 195.00
|
1,281 sqft
|
Mar 2023
|
|
JLN CHENG PERDANA 1/13
|
RM 350,000
|
RM 254.00
|
1,378 sqft
|
Oct 2023
|
|
|
JLN CP 1/15
|
RM 300,000
|
RM 218.00
|
1,378 sqft
|
Oct 2023
|
|
|
JLN CP 1/14
|
RM 400,000
|
RM 290.00
|
1,378 sqft
|
Aug 2023
|
|
|
JLN CHENG PERDANA 1/24
|
RM 475,000
|
RM 339.00
|
1,399 sqft
|
May 2023
|
|
|
JLN CHENG PERDANA 1/13
|
RM 500,000
|
RM 363.00
|
1,378 sqft
|
Apr 2023
|
|
|
JALAN CP 1/3
|
RM 330,000
|
RM 240.00
|
1,378 sqft
|
Jan 2023
|
|
JLN CP 4
|
RM 420,000
|
RM 293.00
|
1,432 sqft
|
Jun 2023
|
|
|
JALAN CP 5
|
RM 400,000
|
RM 279.00
|
1,432 sqft
|
May 2023
|
|
JALAN CHENG PERDANA 1/4
|
RM 320,000
|
RM 204.00
|
1,572 sqft
|
Oct 2023
|
|
|
JLN CP 2
|
RM 585,000
|
RM 380.00
|
1,539 sqft
|
Aug 2023
|
|
|
JLN CHENG PERDANA 1/4
|
RM 380,000
|
RM 242.00
|
1,572 sqft
|
Jun 2023
|
|
|
JLN CP 1/4
|
RM 375,000
|
RM 239.00
|
1,572 sqft
|
May 2023
|
|
JALAN CHENG PERDANA 1/24
|
RM 460,000
|
RM 270.00
|
1,701 sqft
|
Nov 2023
|
|
JLN CP 1/21A
|
RM 650,000
|
RM 347.00
|
1,873 sqft
|
May 2023
|
|
JLN DESA CHENG PERDANA 1/29
|
RM 360,000
|
RM 100.00
|
3,595 sqft
|
Mar 2023
|
|
JLN. CHENG PERDANA 1/28
|
RM 550,000
|
RM 151.00
|
3,638 sqft
|
Jul 2023
|