Area Intelligence

TMN CHENG PERMAI

1 properties
2022
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Median Price
RM 280,000
PSF: RM 200

Residential Market

Median Price

RM 280,000

IQR: RM 65
RM 200 PSF 40.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 450,000

IQR: RM 5
MAD: RM 1
RM 322 PSF 0.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN CHENG PERMAI in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 200.

This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 200, with most transactions between RM 200 and RM 200. The usual range is RM 140.00 to RM 260.00, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN CHENG PERMAI, Melaka Tengah, Melaka

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Transactions

1 properties found

Double Storey Terraced JALAN CP 4
RM 280,000
1,399 sqft Sep 2022
RM 200.00 PSF