TMN CHENG SETIA
Residential Market
Median Price
RM 459,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
25 properties
Median Price
RM 435,000
-4.1% CAGR
Median PSF
RM 292.00
-4.6% CAGR
Double Storey Semi-D
8 properties
Median Price
RM 507,500
+8.5% CAGR
Median PSF
RM 148.50
+13.8% CAGR
Single Storey Terraced
1 properties
Median Price
RM 250,000
Median PSF
RM 192.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 25 |
RM 435,000
±15K MAD
|
-4.08% |
RM 292.00
±7 MAD
|
-4.56% | |
| Double Storey Semi-D | 8 |
RM 507,500
±24K MAD
|
+8.52% |
RM 148.50
±10 MAD
|
+13.80% | |
| Single Storey Terraced | 1 |
RM 250,000
|
- |
RM 192.00
|
- |
TMN CHENG SETIA in Melaka Tengah, Melaka recorded 16 subsale transactions in 2023, with a median price of RM 459K 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 459K, with most transactions falling within a stable range of RM 357K to RM 561K, and a typical market range of RM 422K to RM 496K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 299, with core pricing between RM 246 and RM 352. Market pricing typically extends from RM 248.25 to RM 349.75, reflecting moderate variation in unit pricing. The spread of RM 101.50 (IQR) and deviation of RM 53 (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. 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.
Filter by type, year, price, and size
Transactions
16 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
CHENG SETIA 1
|
RM 468,000
|
RM 334.00
|
1,399 sqft
|
Oct 2023
|
|
|
JLN CS 8
|
RM 435,000
|
RM 311.00
|
1,399 sqft
|
Sep 2023
|
|
|
JLN CS 3A
|
RM 425,000
|
RM 299.00
|
1,421 sqft
|
Jul 2023
|
|
|
JLN CS
|
RM 450,000
|
RM 317.00
|
1,421 sqft
|
Jun 2023
|
|
|
JLN CS 3A
|
RM 425,000
|
RM 299.00
|
1,421 sqft
|
May 2023
|
|
|
JLN CS 6
|
RM 390,000
|
RM 277.00
|
1,410 sqft
|
May 2023
|
|
|
JLN CS 3A
|
RM 499,000
|
RM 351.00
|
1,421 sqft
|
Mar 2023
|
|
|
JLN CS3A
|
RM 425,000
|
RM 299.00
|
1,421 sqft
|
Mar 2023
|
|
JLN CS 5
|
RM 485,000
|
RM 315.00
|
1,539 sqft
|
Sep 2023
|
|
|
JLN CHENG SETIA 14
|
RM 330,000
|
RM 214.00
|
1,539 sqft
|
Aug 2023
|
|
|
JLN CS3
|
RM 499,000
|
RM 324.00
|
1,539 sqft
|
May 2023
|
|
|
JLN CS3
|
RM 435,000
|
RM 283.00
|
1,539 sqft
|
Apr 2023
|
|
JLN CS 3A
|
RM 532,000
|
RM 269.00
|
1,981 sqft
|
Apr 2023
|
|
JLN CS 3
|
RM 570,000
|
RM 180.00
|
3,165 sqft
|
Oct 2023
|
|
JLN CS 3A
|
RM 550,000
|
RM 169.00
|
3,251 sqft
|
May 2023
|
|
JLN CS 14
|
RM 805,000
|
RM 224.00
|
3,595 sqft
|
Sep 2023
|