Area Intelligence

TMN CHENG SETIA

10 properties
2022
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Median Price
RM 465,000
PSF: RM 291

Residential Market

Median Price

RM 465,000

IQR: RM 102
MAD: RM 32
RM 291 PSF 23.2%

PSF Trends (2021-2025)

TMN CHENG SETIA in Melaka Tengah, Melaka recorded 10 subsale transactions in 2022, with a median price of RM 465K and a median price per square foot (PSF) of RM 291.

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 465K, with most transactions falling within a stable range of RM 414K to RM 516K, and a typical market range of RM 428K to RM 502K.

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

Price per square foot shows a median of RM 291, though individual units vary from RM 230 to RM 351 in the core range. The broader market spans RM 239.75 to RM 341.25, indicating diverse property characteristics. The spread of RM 101.50 (IQR) and deviation of RM 61 (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.

Area Location

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TMN CHENG SETIA, Melaka Tengah, Melaka

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Transactions

10 properties grouped by size

1,400 sqft
3 units Double Storey Terraced
RM 350,000
JLN CS 7
1,399 sqft · RM 250.00 PSF
Dec 2022
RM 435,000
JLN CS 2
1,399 sqft · RM 311.00 PSF
May 2022
RM 400,000
JLN CS 5
1,399 sqft · RM 286.00 PSF
Jan 2022
1,550 sqft
3 units Double Storey Terraced
RM 500,000
JALAN CS 4
1,539 sqft · RM 325.00 PSF
Aug 2022
RM 450,000
JLN CS 5
1,539 sqft · RM 292.00 PSF
Mar 2022
RM 450,000
JLN CS 6
1,539 sqft · RM 292.00 PSF
Feb 2022
1,700 sqft
2 units Double Storey Terraced
RM 485,000
JLN CS 4
1,679 sqft · RM 289.00 PSF
Nov 2022
RM 500,000
JLN CS 4
1,679 sqft · RM 298.00 PSF
Nov 2022
3,400 sqft
1 units Double Storey Semi-D
RM 535,000
JLN CS
3,391 sqft · RM 158.00 PSF
Jan 2022
3,450 sqft
1 units Double Storey Semi-D
RM 480,000
JLN CS 3
3,444 sqft · RM 139.00 PSF
Mar 2022