Area Intelligence

TMN CHENG SETIA

11 properties
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Median Price
RM 425,000
PSF: RM 299

Residential Market

Median Price

RM 425,000

IQR: RM 102
MAD: RM 32
RM 299 PSF 23.2%

PSF Trends (2021-2025)

TMN CHENG SETIA in Melaka Tengah, Melaka recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 425K and a median price per square foot (PSF) of RM 299.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 425K, with most transactions falling within a stable range of RM 387K to RM 463K, and a typical market range of RM 388K to RM 462K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 299, with most transactions between RM 273 and RM 325. The usual range is RM 248.25 to RM 349.75, showing that most units are priced quite close to each other. With an IQR of RM 101.50 and MAD of RM 26, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN CHENG SETIA, Melaka Tengah, Melaka

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Transactions

11 properties grouped by size

1,400 sqft
11 units (showing 6) Double Storey Terraced
RM 468,000
CHENG SETIA 1
1,399 sqft · RM 334.00 PSF
Oct 2023
RM 435,000
JLN CS 8
1,399 sqft · RM 311.00 PSF
Sep 2023
RM 425,000
JLN CS 3A
1,421 sqft · RM 299.00 PSF
Jul 2023
RM 450,000
JLN CS
1,421 sqft · RM 317.00 PSF
Jun 2023
RM 425,000
JLN CS 3A
1,421 sqft · RM 299.00 PSF
May 2023
RM 390,000
JLN CS 6
1,410 sqft · RM 277.00 PSF
May 2023