Area Intelligence

TMN CHENG PERMAI

3 properties
Double Storey Shop
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Median Price
RM 450,000
PSF: RM 322

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 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 450K and a median price per square foot (PSF) of RM 322.

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. The median price is RM 450K, with most transactions falling within a stable range of RM 445K to RM 452K, and a typical market range of RM 440K to RM 452K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 322, with most transactions between RM 318 and RM 326. The usual range is RM 262.00 to RM 382.00, showing that most units are priced quite close to each other. With an IQR of RM 120.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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 PERMAI, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

1,400 sqft
3 units Double Storey Shop
RM 452,000
JALAN CP 3
1,399 sqft · RM 323.00 PSF
Mar 2024
RM 440,000
JALAN CP 3
1,399 sqft · RM 314.00 PSF
Oct 2023
RM 450,000
JLN CP 3
1,399 sqft · RM 322.00 PSF
Aug 2021