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TMN CHENG UTAMA

Melaka Tengah, Melaka · Commercial · 10 recorded sales, Sep 2021 to Oct 2024

No sale recorded since Oct 20241 - 1 1/2 Storey Shop · 43 - 3 1/2 Storey Shop · 2Low-Cost House · 2
RM 240psf median, against main floor area · 10 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 234272 psf
Median price
RM 412,500
Price range
RM 196kRM 980k
Main floor area
6244,052 sq ft
Land area
8833,262 sq ft
Median price per sq ft of land
RM 254

Median of 10 sales that carry a usable area, out of 10 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,399 sq ft against 1,595. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Oct 2024. Last on record: 22 Oct 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.

20211 · RM 260 psf
20222 · RM 214 psf
20234 · RM 257 psf
20243 · RM 242 psf

Quarterly medians · not a price trend

1802843892021 Q3 — RM 260 psf, 1 sale2022 Q3 — RM 228 psf, 1 sale2022 Q4 — RM 200 psf, 1 sale2023 Q1 — RM 238 psf, 2 sales2023 Q2 — RM 276 psf, 1 sale2023 Q3 — RM 314 psf, 1 sale2024 Q1 — RM 237 psf, 2 sales2024 Q4 — RM 369 psf, 1 sale
2021 Q32024 Q4
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 commercial in Melaka long or clean enough to state a direction, so this page states none.

Distribution · 10 priced sales

RM 205–216 psf — 1 saleRM 216–227 psf — 0 salesRM 227–238 psf — 2 salesRM 238–249 psf — 3 salesRM 249–260 psf — 1 saleRM 260–271 psf — 0 salesRM 271–282 psf — 1 saleRM 282–293 psf — 0 salesRM 293–304 psf — 0 salesRM 304–315 psf — 1 saleRM 315–326 psf — 0 salesRM 326–337 psf — 0 salesRM 337–348 psf — 0 salesRM 348–359 psf — 1 sale
RM 205RM 359 psf

Each bar counts sales in a RM 11 psf band, measured against main floor 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 · 10 of 10

DateTypeArea (sq ft)PricepsfTenure
22 Oct 2024Low-Cost House624RM 230,000369Freehold
15 Feb 20243 - 3 1/2 Storey Shop4,052RM 980,000242Freehold
15 Feb 20243 - 3 1/2 Storey Shop4,052RM 940,000232Freehold
29 Sep 2023Low-Cost House624RM 196,000314Freehold
12 May 20232 - 2 1/2 Storey Terraced1,740RM 480,000276Freehold
10 Feb 20231 - 1 1/2 Storey Shop1,449RM 345,000238Freehold
10 Feb 20231 - 1 1/2 Storey Shop1,449RM 345,000238Freehold
31 Oct 20222 - 2 1/2 Storey Shop2,918RM 583,000200Freehold
12 Jul 20221 - 1 1/2 Storey Shop1,449RM 330,000228Freehold
29 Sep 20211 - 1 1/2 Storey Shop2,775RM 720,000260Freehold

Others in Melaka Tengah · commercial

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: main floor area. Nothing here is a valuation.