Taman Cheng Mutiara, Cheng
Taman Cheng Mutiara (also known as Cheng Mutiara Apartment) is a freehold low-cost flat & commercial development that is located in Cheng, Melaka Tengah. It comprises Cheng Heights.
There are 170 flats and 18 shop-offices available at this property with built-up from 700 sf to 710 sf for flats and 5,500 sf for shop-offices. It was developed by Pleasant-Ville Development Sdn Bhd, and was completed in about 2001.
Pleasant-Ville Development Sdn Bhd is a privately held medium-scale property development company, and it has built about 7 property projects in Malaysia. Other similar projects by the same developer are Cheng Heights, Klebang 8, Pulau Gadong Indah, Taman Bertam Murni, Taman Cheng Ria and Taman Gadong Perdana.
The only amenities nearby this low-cost flat & commercial development are some schools. Several of the schools here include SJK (C) Malim, SK Malim and SMK Malim.
The current rental yield of Taman Cheng Mutiara is 7.64% for flats. The highest rental yield ever recorded was 7.64% in Q2 2020 (flat); while the lowest one was 6.0% in Q2 2019 (flat). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Taman Cheng Mutiara for flats is 3-bedroom / 700 sf with a median price of RM140 psf. For price wise, the most expensive one is 3-bedroom / 705 sf with a median price of RM140 psf; while the cheapest one is Studio / 710 sf with a median price of RM130 psf.
Lastly, the most popular layout and size (built-up) combination at taman cheng mutiara for shop-offices is 5,500 sf with a median price of rm360 psf. For price wise, the most expensive one is 5,500 sf with a median price of RM360 psf; while the cheapest one is 5,500 sf with a median price of RM360 psf.
Latest Taman Cheng Mutiara rental listings:
This apartment is located next to AMJ Highway and there is an industrial area located near to this area. The building is quite old, but it was well-maintained with comfortable facilities provided.