Melaka Tengah, Melaka · Freehold · 17 transactions
Median Price
RM380K
RM350K – RM450K
Median PSF
RM252
RM217 – RM288
Transactions
17
2021-08 to 2025-02
Size Range
990 – 2293
sq.ft (built-up)
Data-driven insights for TMN CHENG BARU
Earliest PSF (2021)
RM379
Current PSF (2025)
RM170
Capital Gain
-55.3%
Total Return (est.)
-9.5% p.a.
| Capital appreciation (4 years) | -55.3% |
| Annualised capital return | -13.8% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | -9.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -52.1% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Melaka district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,350 sqft | 5 | RM390K | RM288 |
| 1,450 sqft | 2 | RM400K | RM271 |
| 1,600 sqft | 3 | RM363K | RM225 |
| 1,900 sqft | 2 | RM400K | RM212 |
| 2,100 sqft | 2 | RM800K | RM379 |
PSF Trend: Declining
PSF moved from RM379 (2021) to RM170 (2025)
Liquidity: Low
17 transactions over 4 years (~4/year)
18% below Melaka Tengah average
This project: RM252 PSF vs Melaka Tengah median: RM307 PSF
Est. Total Return: -9.5% p.a. (below FD)
Capital loss (-13.8% p.a.) + rental yield (~4.3% p.a.)
TMN CHENG BARU delivers a modest estimated total return of -9.5% p.a. — comprising -13.8% capital depreciation and ~4.3% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 18% below the Melaka Tengah average — potentially undervalued. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Feb 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,475 | RM170 | RM250K |
| Oct 2024 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,884 | RM186 | RM350K |
| Jun 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,356 | RM354 | RM480K |
| Jun 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,356 | RM288 | RM390K |
| Nov 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 1,356 | RM332 | RM450K |
12 more transactions hidden
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 17 records
3 interactive charts
Scatter, price & PSF vs Melaka Tengah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.