TMN CHENG UTAMA

TMN CHENG UTAMA in Melaka Tengah, Melaka recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 960K and a median price per square foot (PSF) of RM 686.

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 960K, with most transactions falling within a stable range of RM 940K to RM 980K, and a typical market range of RM 940K to RM 980K.

Within the 3-Storey 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 686, with most transactions between RM 672 and RM 700. The usual range is RM 623.13 to RM 748.88, showing that most units are priced quite close to each other. With an IQR of RM 125.75 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

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.