KENANGA RESIDENSES

KENANGA RESIDENSES in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 375K and a median price per square foot (PSF) of RM 406.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 328K to RM 423K, and a typical market range of RM 335K to RM 415K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 406, with core pricing between RM 355 and RM 457. Market pricing typically extends from RM 363.00 to RM 449.00, reflecting moderate variation in unit pricing. With an IQR of RM 86.00 and MAD of RM 51, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.