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CHENG MUTIARA BUSINESS PARK

Melaka Tengah, Melaka · High-rise / strata · 20 recorded sales, Oct 2021 to May 2024

No sale recorded since May 2024Condominium/Apartment · 16Low-Cost Flat · 4
RM 277psf median, against built-up area · 20 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 185298 psf
Median price
RM 306,500
Price range
RM 82kRM 385k
Built-up area
6501,109 sq ft

Median of 20 sales that carry a usable area, out of 20 on record. Half the sales fell inside the middle-half band; half did not.

Liquidity

No recorded sale in the 12 months to May 2024. Last on record: 27 May 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20212 · RM 146 psf
20227 · RM 287 psf
20234 · RM 279 psf
20247 · RM 296 psf

Quarterly medians · not a price trend

1252353452021 Q4 — RM 146 psf, 2 sales2022 Q2 — RM 262 psf, 3 sales2022 Q4 — RM 295 psf, 4 sales2023 Q2 — RM 298 psf, 1 sale2023 Q3 — RM 232 psf, 2 sales2023 Q4 — RM 260 psf, 1 sale2024 Q1 — RM 266 psf, 5 sales2024 Q2 — RM 324 psf, 2 sales
2021 Q42024 Q2
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for high-rise / strata in Melaka long or clean enough to state a direction, so this page states none.

Distribution · 20 priced sales

RM 119–135 psf — 2 salesRM 135–150 psf — 0 salesRM 150–166 psf — 0 salesRM 166–181 psf — 3 salesRM 181–197 psf — 1 saleRM 197–212 psf — 1 saleRM 212–227 psf — 0 salesRM 227–243 psf — 0 salesRM 243–258 psf — 0 salesRM 258–274 psf — 3 salesRM 274–289 psf — 2 salesRM 289–304 psf — 6 salesRM 304–320 psf — 1 saleRM 320–335 psf — 1 sale
RM 119RM 335 psf

Each bar counts sales in a RM 15 psf band, measured against built-up area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 20 of 20

DateTypeFloorArea (sq ft)PricepsfTenure
27 May 2024Condominium/Apartment21,109RM 385,000347Freehold
20 May 2024Condominium/Apartment51,100RM 330,000300Freehold
26 Mar 2024Condominium/Apartment101,109RM 295,000266Freehold
22 Feb 2024Low-Cost Flat4710RM 82,000115Freehold
2 Feb 2024Condominium/Apartment71,109RM 330,000298Freehold
5 Jan 2024Condominium/Apartment51,109RM 328,000296Freehold
2 Jan 2024Low-Cost Flat1732RM 150,000205Freehold
7 Dec 2023Condominium/Apartment91,109RM 288,000260Freehold
4 Sep 2023Condominium/Apartment71,109RM 330,000298Freehold
23 Aug 2023Condominium/Apartment4958RM 160,000167Freehold
1 Apr 2023Condominium/Apartment51,109RM 330,000298Freehold
12 Dec 2022Condominium/Apartment21,109RM 320,000289Freehold
7 Dec 2022Condominium/Apartment41,109RM 350,000316Freehold
5 Dec 2022Condominium/Apartment958RM 168,000175Freehold
26 Oct 2022Condominium/Apartment91,109RM 335,000302Freehold
2 Jun 2022Condominium/Apartment3958RM 180,000188Freehold
10 May 2022Low-Cost Flat1650RM 170,000262Freehold
29 Apr 2022Condominium/Apartment51,109RM 318,000287Freehold
30 Dec 2021Low-Cost Flat2700RM 88,000126Freehold
28 Oct 2021Condominium/Apartment5958RM 160,000167Freehold

Others in Melaka Tengah · high-rise / strata

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: built-up area. Nothing here is a valuation.