Melaka Tengah, Melaka · Freehold · 24 transactions
Median Price
RM450K
RM280K – RM530K
Median PSF
RM263
RM224 – RM355
Transactions
24
2021-11 to 2024-09
Size Range
840 – 2702
sq.ft (built-up)
Data-driven insights for TMN DESA CHENG PERDANA 1
Earliest PSF (2021)
RM371
Current PSF (2024)
RM283
Capital Gain
-23.8%
Total Return (est.)
-3.6% p.a.
| Capital appreciation (3 years) | -23.8% |
| Annualised capital return | -7.9% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | -3.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -21.4% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Melaka district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 850 sqft | 2 | RM330K | RM393 |
| 950 sqft | 3 | RM270K | RM282 |
| 1,000 sqft | 3 | RM260K | RM263 |
| 1,150 sqft | 2 | RM431K | RM367 |
| 1,450 sqft | 3 | RM538K | RM373 |
| 1,700 sqft | 3 | RM450K | RM261 |
| 2,350 sqft | 5 | RM498K | RM211 |
PSF Trend: Declining
PSF moved from RM371 (2021) to RM283 (2024)
Liquidity: Moderate
24 transactions over 3 years (~8/year)
15% below Melaka Tengah average
This project: RM263 PSF vs Melaka Tengah median: RM307 PSF
Est. Total Return: -3.6% p.a. (below FD)
Capital loss (-7.9% p.a.) + rental yield (~4.3% p.a.)
TMN DESA CHENG PERDANA 1 delivers a modest estimated total return of -3.6% p.a. — comprising -7.9% 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 15% 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 |
|---|---|---|---|---|---|
| Sept 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 990 | RM283 | RM280K |
| Jul 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 2,357 | RM195 | RM460K |
| Nov 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 958 | RM355 | RM340K |
| Sept 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 1,722 | RM308 | RM530K |
| Jul 2023 | 1 - 1 1/2 Storey Semi-Detached | Freehold | 1,442 | RM373 | RM538K |
19 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 24 records
3 interactive charts
Scatter, price & PSF vs Melaka Tengah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
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