Melaka Tengah, Melaka · Freehold · 7 transactions
Estimated Market Value
Units (1453–4047 sqft) estimated at RM344K – RM959K based on median PSF of RM237/sqft (7 verified transactions)
-6.6%
since 2021
Median Price
RM583K
RM345K – RM940K
Median PSF
RM237
RM227 – RM242
Transactions
7
2021-09 to 2024-02
Size Range
1453 – 4047
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Feb 2024 | 3 - 3 1/2 Storey Shop | Freehold | 4,047 | RM242 | RM980K |
| Feb 2024 | 3 - 3 1/2 Storey Shop | Freehold | 4,047 | RM232 | RM940K |
| Feb 2023 | 1 - 1 1/2 Storey Shop | Freehold | 1,453 | RM237 | RM345K |
| Feb 2023 | 1 - 1 1/2 Storey Shop | Freehold | 1,453 | RM237 | RM345K |
| Oct 2022 | 2 - 2 1/2 Storey Shop | Freehold | 2,917 | RM200 | RM583K |
| Jul 2022 | 1 - 1 1/2 Storey Shop | Freehold | 1,453 | RM227 | RM330K |
| Sept 2021 | 1 - 1 1/2 Storey Shop | Freehold | 2,777 | RM259 | RM720K |
TMN CHENG UTAMA · 7 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Melaka Tengah average
All 7 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Melaka Tengah & Melaka
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for TMN CHENG UTAMA
Earliest PSF (2021)
RM259
Current PSF (2024)
RM242
Capital Gain
-6.6%
Total Return (est.)
2.1% p.a.
| Capital appreciation (3 years) | -6.6% |
| Annualised capital return | -2.2% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 2.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -4.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,100/mo
Rent Range
RM1700-2500
25th – 75th pct
Rent PSF
RM0.85
Est. Yield
4.3% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,800/mo |
| Semi Furnished | RM2,100/mo |
| Fully Furnished | RM2,600/mo |
*Estimated rental figures based on Melaka district average gross yield (4.3%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,450 sqft | 3 | RM345K | RM237 |
| 4,050 sqft | 2 | RM980K | RM242 |
PSF Trend: Stable
PSF moved from RM259 (2021) to RM242 (2024)
Liquidity: Low
7 transactions over 3 years (~2/year)
22% below Melaka Tengah average
This project: RM237 PSF vs Melaka Tengah median: RM305 PSF
Est. Total Return: 2.1% p.a. (below FD)
Capital loss (-2.2% p.a.) + rental yield (~4.3% p.a.)
TMN CHENG UTAMA delivers a modest estimated total return of 2.1% p.a. — comprising -2.2% capital depreciation and ~4.3% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 22% below the Melaka Tengah average — potentially undervalued. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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