TMN CHENG UTAMA

TMN CHENG UTAMA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 720K and a median price per square foot (PSF) of RM 221.

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.

Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 221, with most transactions between RM 221 and RM 221. The usual range is RM 158.13 to RM 283.88, 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.

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.