Taman Cheng Setia, Cheng
Taman Cheng Setia is a freehold landed housing estate that is located in Cheng, Melaka Tengah. The built-up available in this housing estate is 1,400 sf to 3,240 sf. It was developed by Teladan Setia Sdn Bhd.
Teladan Setia Sdn Bhd is a privately held mid-sized real estate organization, and it has undertaken around 7 real estate projects in Malaysia. Other similar projects by the same developer are Taman Desa Bertam and Taman Krubong Indah.
This landed housing estate is not very ideal for own stay or investment, because it has no amenities nearby.
The current rental yield of Taman Cheng Setia is around 4.19%. The highest rental yield ever recorded was 5.47% in Q1 2019; while the lowest one was 4.19% in Q3 2022. 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 Setia is 4-bedroom / 1,540 sf with a median price of RM360 psf. For price wise, the most expensive one is 4-bedroom / 1,540 sf with a median price of RM360 psf; while the cheapest one is 5-bedroom / 3,197 sf with a median price of RM220 psf.
Latest Taman Cheng Setia sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 31 Dec 2022 | Terrace | 2,290 sf | RM360,000 |
| 8 Jun 2022 | Terrace | 2,290 sf | RM400,000 |
| 6 Mar 2022 | Terrace | 2,290 sf | RM420,000 |
Latest Taman Cheng Setia rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 4 Sep 2023 | Medium Room | -NA- | RM450 |
| 11 Sep 2022 | Medium Room | -NA- | RM320 |
| 5 Sep 2022 | Medium Room | -NA- | RM320 |
| 25 Jul 2022 | Medium Room | -NA- | RM320 |