BandingHouse

Taman Cheng Ria

Melaka Tengah, Melaka · High-rise (condo, apartment, flat) · Leasehold

Homes in Taman Cheng Ria have sold for a median of

RM155,000

RM184 psf on the recorded floor area

RM127,250median RM155,000RM181,250

Half of the 40 recorded sales fell between RM127,250 and RM181,250. One in ten went under RM114,500, one in ten over RM203,000. Sales run from 22 November 2021 to 7 November 2025.

Up 48% from a RM128,000 median in 2022 to RM190,000 in 2024.

On mudah.my right now — 28 ads naming Taman Cheng Ria

Sellers are asking a median of

RM171 psf

That is -7% below the RM184 psf buyers actually paid here across all recorded sales. Same scheme, same kind of home, same floor-area basis.

Ads asking between RM128,000 and RM155,750 make up the middle half. An ad may still describe a renovated, larger or worse unit than the sales it is compared to, and mudah.my skews to owner and urgent sales — a figure a few percent under the record is common there.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Melaka, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Leasehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM144,000RM171 psf4
2022RM128,000RM149 psf13
2023RM158,500RM186 psf12
2024RM190,000RM221 psf9
2025RM157,500RM185 psf2

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Melaka Tengah with enough recorded sales, cheapest first. By median sold price, Taman Cheng Ria sits 10 of 26 in that set.

Against Melaka

Across Melaka, the median recorded sale for high-rise (condo, apartment, flat) is RM180,000 (RM209 psf), from 432 sales. Taman Cheng Ria’s own median is RM155,000 — lower than that state median. Full Melaka table.

Cash and monthly on the RM155,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM15,500
  • Transfer duty (MOT): RM2,100
  • Loan duty (0.5%): RM698
  • Total cash: RM18,298
  • Qualifying first home: RM15,500 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM618
  • Total monthly: RM618

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Taman Cheng Ria sold for?
A median of RM155,000 (RM184 psf), from 40 land-office transactions between 22 November 2021 and 7 November 2025.
What is a typical band here?
Half of recorded sales fell between RM127,250 and RM181,250. One in ten went under RM114,500; one in ten over RM203,000.
Has the median moved?
From RM128,000 in 2022 to RM190,000 in 2024 (+48%), using only years with five or more sales.
How do live ads compare?
Ads naming Taman Cheng Ria ask a median of RM171 psf -7% versus the RM184 psf buyers paid here. Same scheme match; not a mark-up on every listing.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.