CHENG MUTIARA BUSINESS PARK
Melaka Tengah, Melaka · Freehold · 20 transactions
Median Price
RM318K
RM168K – RM330K
Median PSF
RM287
RM188 – RM298
Transactions
20
2021-10 to 2024-05
Size Range
650 – 1109
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for CHENG MUTIARA BUSINESS PARK
Investment Return
Earliest PSF (2021)
RM167
Current PSF (2024)
RM296
Capital Gain
+77.1%
Total Return (est.)
30.0% p.a.
| Capital appreciation (3 years) | +77.1% |
| Annualised capital return | +25.7% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 30.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +79.5% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Melaka district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 700 sqft | 2 | RM88K | RM126 |
| 950 sqft | 4 | RM168K | RM175 |
| 1,100 sqft | 12 | RM330K | RM298 |
Market Verdict
PSF Trend: Appreciating
PSF moved from RM167 (2021) to RM296 (2024)
Liquidity: Moderate
20 transactions over 3 years (~7/year)
7% below Melaka Tengah average
This project: RM287 PSF vs Melaka Tengah median: RM307 PSF
Est. Total Return: 30.0% p.a. (beats FD)
Capital gain (25.7% p.a.) + rental yield (~4.3% p.a.)
Verdict
CHENG MUTIARA BUSINESS PARK delivers a strong estimated total return of 30.0% p.a. — comprising +25.7% 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 20| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| May 2024 | Condominium/Apartment | Freehold | 1,100 | RM300 | RM330K |
| May 2024 | Condominium/Apartment | Freehold | 1,109 | RM347 | RM385K |
| Mar 2024 | Condominium/Apartment | Freehold | 1,109 | RM266 | RM295K |
| Feb 2024 | Condominium/Apartment | Freehold | 1,109 | RM298 | RM330K |
| Feb 2024 | Low-Cost Flat | Freehold | 710 | RM115 | RM82K |
15 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 20 records
3 interactive charts
Scatter, price & PSF vs Melaka Tengah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
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