TMN CHENG UTAMA

TMN CHENG UTAMA in Melaka Tengah, Melaka recorded 4 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 345K and a median price per square foot (PSF) of RM 242.

This area contains both residential and commercial properties. View 3 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 345K, with most transactions falling within a stable range of RM 330K to RM 510K, and a typical market range of RM 330K to RM 521K.

Within the Single Storey Shop category, 1 - 1 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 242, with most transactions between RM 231 and RM 252. The usual range is RM 178.63 to RM 304.38, showing that most units are priced quite close to each other. With an IQR of RM 125.75 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.