TMN DESA CHENG PERDANA 1

TMN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 24 subsale transactions between 2021 and 2025, with a median price of RM 445K and a median price per square foot (PSF) of RM 172.

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 445K, with most transactions falling within a stable range of RM 345K to RM 545K, and a typical market range of RM 330K to RM 560K.

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

Price per square foot shows a median of RM 172, though individual units vary from RM 129 to RM 215 in the core range. The broader market spans RM 128.50 to RM 214.50, indicating diverse property characteristics. A wider spread (IQR: RM 86.00) and deviation (MAD: RM 43) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.