Area Intelligence

TMN CHENG PERMAI

3 properties
Double Storey Terraced
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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 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, 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. The median price is RM 280K, with most transactions falling within a stable range of RM 266K to RM 280K, and a typical market range of RM 250K to RM 280K.

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

Price per square foot shows a median of RM 200, though individual units vary from RM 139 to RM 261 in the core range. The broader market spans RM 140.00 to RM 260.00, indicating diverse property characteristics. A wider spread (IQR: RM 120.00) and deviation (MAD: RM 61) 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.

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
2 units Double Storey Terraced
RM 280,000
JALAN CP 4
1,399 sqft · RM 200.00 PSF
Sep 2022
RM 280,000
JALAN CP 4
1,399 sqft · RM 200.00 PSF
Oct 2021
3,600 sqft
1 units Double Storey Terraced
RM 250,000
JLN CP
3,595 sqft · RM 70.00 PSF
Nov 2023