Melaka Tengah, Melaka · Leasehold · 23 transactions
Median Price
RM230K
RM200K – RM265K
Median PSF
RM305
RM274 – RM362
Transactions
23
2022-04 to 2025-11
Size Range
657 – 850
sq.ft (built-up)
Data-driven insights for TMN CHENG JAYA FASA 2
Earliest PSF (2022)
RM274
Current PSF (2025)
RM363
Capital Gain
+32.4%
Total Return (est.)
15.1% p.a.
| Capital appreciation (3 years) | +32.4% |
| Annualised capital return | +10.8% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 15.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +34.8% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Melaka district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 650 sqft | 6 | RM230K | RM350 |
| 700 sqft | 7 | RM220K | RM319 |
| 800 sqft | 2 | RM230K | RM293 |
| 850 sqft | 8 | RM250K | RM302 |
PSF Trend: Appreciating
PSF moved from RM274 (2022) to RM363 (2025)
Liquidity: Moderate
23 transactions over 3 years (~8/year)
1% below Melaka Tengah average
This project: RM305 PSF vs Melaka Tengah median: RM307 PSF
Est. Total Return: 15.1% p.a. (beats FD)
Capital gain (10.8% p.a.) + rental yield (~4.3% p.a.)
TMN CHENG JAYA FASA 2 delivers a strong estimated total return of 15.1% p.a. — comprising +10.8% 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.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2025 | 1 - 1 1/2 Storey Terraced | Leasehold | 657 | RM472 | RM310K |
| Nov 2025 | 1 - 1 1/2 Storey Terraced | Leasehold | 657 | RM305 | RM200K |
| Aug 2025 | 1 - 1 1/2 Storey Terraced | Leasehold | 829 | RM338 | RM280K |
| May 2025 | 1 - 1 1/2 Storey Terraced | Leasehold | 657 | RM434 | RM285K |
| Mar 2025 | 1 - 1 1/2 Storey Terraced | Leasehold | 689 | RM264 | RM182K |
18 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 23 records
3 interactive charts
Scatter, price & PSF vs Melaka Tengah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
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