TMN CHENG UTAMA
Residential Market
Median Price
RM 230,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 583,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Shop
4 properties
Median Price
RM 345,000
-30.8% CAGR
Median PSF
RM 236.00
+5.7% CAGR
3-Storey Storey Shop
2 properties
Median Price
RM 960,000
Median PSF
RM 686.00
Low-Cost House
2 properties
Median Price
RM 213,000
+17.3% CAGR
Median PSF
RM 241.50
+17.6% CAGR
Double Storey Shop
1 properties
Median Price
RM 583,000
Median PSF
RM 379.00
Double Storey Terraced
1 properties
Median Price
RM 480,000
Median PSF
RM 321.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Shop | 4 |
RM 345,000
±15K MAD
|
-30.78% |
RM 236.00
±11 MAD
|
+5.72% | |
3-Storey Storey Shop | 2 |
RM 960,000
|
- |
RM 686.00
|
- | |
Low-Cost House | 2 |
RM 213,000
±17K MAD
|
+17.35% |
RM 241.50
±20 MAD
|
+17.57% | |
Double Storey Shop | 1 |
RM 583,000
|
- |
RM 379.00
|
- | |
Double Storey Terraced | 1 |
RM 480,000
|
- |
RM 321.00
|
- |
TMN CHENG UTAMA in Melaka Tengah, Melaka recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 583K and a median price per square foot (PSF) of RM 379.
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.
Within the Double 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 379, with most transactions between RM 379 and RM 379. The usual range is RM 316.13 to RM 441.88, showing that most units are priced quite close to each other. With an IQR of RM 125.75 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN CU2
|
RM 583,000
|
RM 379.00
|
1,539 sqft
|
Oct 2022
|