CHENG HEIGHTS CONDOMINIUM
Melaka Tengah, Melaka · Freehold · 7 transactions
Median Price
RM335K
RM288K – RM360K
Median PSF
RM283
RM253 – RM325
Transactions
7
2022-05 to 2025-10
Size Range
1109 – 1238
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for CHENG HEIGHTS CONDOMINIUM
Investment Return
Earliest PSF (2022)
RM253
Current PSF (2025)
RM343
Capital Gain
+35.7%
Total Return (est.)
16.2% p.a.
| Capital appreciation (3 years) | +35.7% |
| Annualised capital return | +11.9% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 16.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +38.1% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Melaka district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,100 sqft | 5 | RM335K | RM302 |
| 1,250 sqft | 2 | RM350K | RM283 |
Market Verdict
PSF Trend: Appreciating
PSF moved from RM253 (2022) to RM343 (2025)
Liquidity: Low
7 transactions over 3 years (~2/year)
8% below Melaka Tengah average
This project: RM283 PSF vs Melaka Tengah median: RM307 PSF
Est. Total Return: 16.2% p.a. (beats FD)
Capital gain (11.9% p.a.) + rental yield (~4.3% p.a.)
Verdict
CHENG HEIGHTS CONDOMINIUM delivers a strong estimated total return of 16.2% p.a. — comprising +11.9% capital appreciation and ~4.3% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Melaka Tengah average, suggesting fair market pricing. Best suited for capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 7| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2025 | Condominium/Apartment | Freehold | 1,109 | RM343 | RM380K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,109 | RM302 | RM335K |
| Mar 2024 | Condominium/Apartment | Freehold | 1,238 | RM250 | RM310K |
| Sept 2023 | Condominium/Apartment | Freehold | 1,109 | RM325 | RM360K |
| Feb 2023 | Condominium/Apartment | Freehold | 1,238 | RM283 | RM350K |
2 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 7 records
3 interactive charts
Scatter, price & PSF vs Melaka Tengah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
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