RESIDENSI KENANGA IMPIAN @ THE QUARTZ

RESIDENSI KENANGA IMPIAN @ THE QUARTZ in Melaka Tengah, Melaka recorded 17 subsale transactions in 2022, with a median price of RM 376K and a median price per square foot (PSF) of RM 495.

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 376K, with most transactions falling within a stable range of RM 336K to RM 416K, and a typical market range of RM 337K to RM 415K.

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

For price per square foot, the median is RM 495, with most transactions between RM 468 and RM 522. The usual range is RM 467.75 to RM 522.25, showing that most units are priced quite close to each other. With an IQR of RM 54.50 and MAD of RM 27, 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.