TMN CHENG SETIA

TMN CHENG SETIA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 260.

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 400K, with most transactions falling within a stable range of RM 288K to RM 512K, and a typical market range of RM 363K to RM 437K.

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 260, though individual units vary from RM 198 to RM 322 in the core range. The broader market spans RM 209.25 to RM 310.75, indicating diverse property characteristics. The spread of RM 101.50 (IQR) and deviation of RM 62 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.