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2171, Jalan Kenanga 3/31, Taman Kenanga, 75200 Melaka, Malaysia
MapsKenanga Residenses in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 288K and a median price per square foot (PSF) of RM 323.
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 288K, with most transactions falling within a stable range of RM 260K to RM 315K, and a typical market range of RM 260K to RM 315K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 323, with most transactions between RM 304 and RM 341. The usual range is RM 277.26 to RM 367.76, showing that most units are priced quite close to each other. With an IQR of RM 90.50 and MAD of RM 18, 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.