Area Intelligence

TMN DESA CHENG PERDANA 1

11 properties
2022
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Median Price
RM 350,000
PSF: RM 175

Residential Market

Median Price

RM 350,000

IQR: RM 120
MAD: RM 45
RM 175 PSF 23.6%

PSF Trends (2021-2025)

TMN DESA CHENG PERDANA 1 in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 175.

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 350K, with most transactions falling within a stable range of RM 188K to RM 513K, and a typical market range of RM 235K to RM 465K.

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 175, though individual units vary from RM 119 to RM 231 in the core range. The broader market spans RM 132.00 to RM 218.00, indicating diverse property characteristics. A wider spread (IQR: RM 86.00) and deviation (MAD: RM 56) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN DESA CHENG PERDANA 1, Melaka Tengah, Melaka

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Transactions

11 properties grouped by size

1,300 sqft
1 units Single Storey Terraced
RM 188,000
JLN CHENG PERDANA 1/48
1,324 sqft · RM 142.00 PSF
Jun 2022
1,450 sqft
2 units Single Storey Terraced
RM 250,000
JALAN CHENG PERDANA 1/47
1,432 sqft · RM 175.00 PSF
Jun 2022
RM 260,000
JALAN CHENG PERDANA 1/47
1,432 sqft · RM 182.00 PSF
Jun 2022
1,650 sqft
2 units Double Storey Terraced
RM 499,000
JLN CHENG PERDANA 1/32A
1,647 sqft · RM 303.00 PSF
Sep 2022
RM 350,000
JLN CHENG PERDANA 1/19
1,647 sqft · RM 213.00 PSF
Mar 2022
1,700 sqft
2 units
RM 245,000
Single Storey Terraced JALAN CHENG PERDANA 1/42
1,679 sqft · RM 146.00 PSF
Dec 2022
RM 499,000
Double Storey Terraced JALAN CP 1/9A
1,701 sqft · RM 293.00 PSF
Jan 2022
2,350 sqft
1 units Double Storey Terraced
RM 330,000
JLN CHENG PERDANA 1/41
2,357 sqft · RM 140.00 PSF
Mar 2022
3,150 sqft
1 units Double Storey Terraced
RM 450,000
CHENG PERDANA 1/13
3,154 sqft · RM 143.00 PSF
Sep 2022
3,200 sqft
1 units Double Storey Semi-D
RM 690,000
JLN CHENG PERDANA 1/27
3,197 sqft · RM 216.00 PSF
Jun 2022
3,950 sqft
1 units Double Storey Terraced
RM 660,000
JLN CP 1/46
3,950 sqft · RM 167.00 PSF
Oct 2022