Area Intelligence

TMN CHENG PERDANA

18 properties
2022
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Median Price
RM 380,000
PSF: RM 274

Residential Market

Median Price

RM 365,000

IQR: RM 76
MAD: RM 38
RM 264 PSF 17.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 490,000

IQR: RM 108
MAD: RM 51
RM 284 PSF 7.0%

PSF Trends (2021-2025)

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.

Area Location

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TMN CHENG PERDANA, Melaka Tengah, Melaka

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Transactions

18 properties grouped by size

1,300 sqft
1 units Single Storey Terraced
RM 200,000
JALAN CP 1/20
1,281 sqft · RM 156.00 PSF
Nov 2022
1,400 sqft
10 units (showing 6)
RM 400,000
Double Storey Terraced JLN CHENG PERDANA 1/9
1,378 sqft · RM 290.00 PSF
Dec 2022
RM 345,000
Double Storey Terraced JLN CP 1/7
1,378 sqft · RM 250.00 PSF
Oct 2022
RM 270,000
Single Storey Terraced JALAN CHENG PERDANA 1/34
1,378 sqft · RM 196.00 PSF
Jul 2022
RM 380,000
Double Storey Terraced JALAN C/P 1/15
1,378 sqft · RM 276.00 PSF
Jul 2022
RM 350,000
Double Storey Terraced JLN CHENG PERDANA 1/3
1,378 sqft · RM 254.00 PSF
Jul 2022
RM 260,000
Single Storey Terraced JALAN CHENG PERDANA 1/34
1,378 sqft · RM 189.00 PSF
Jun 2022
1,450 sqft
2 units Double Storey Terraced
RM 440,000
JLN CHENG PERDANA 1/24
1,442 sqft · RM 305.00 PSF
Dec 2022
RM 398,000
JLN. CP 4
1,432 sqft · RM 278.00 PSF
May 2022
1,550 sqft
1 units Double Storey Shop
RM 430,000
JLN CHENG PERDANA 1/6
1,572 sqft · RM 274.00 PSF
Nov 2022
1,650 sqft
1 units Double Storey Terraced
RM 450,000
JLN CP 1/21
1,647 sqft · RM 273.00 PSF
Apr 2022
1,800 sqft
1 units Double Storey Terraced
RM 495,000
LORONG 2 JLN CP 1/9A
1,787 sqft · RM 277.00 PSF
Oct 2022
1,850 sqft
1 units Double Storey Shop
RM 550,000
JLN CP 1/21A
1,873 sqft · RM 294.00 PSF
Jan 2022
2,500 sqft
1 units Single Storey Terraced
RM 300,000
JLN CP 1/25
2,476 sqft · RM 121.00 PSF
Sep 2022