| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 168,000
|
RM 179
|
936 sqft
|
|
|
|
Level 1
|
RM 150,000
|
RM 157
|
958 sqft
|
|
|
|
Level 3
|
RM 150,000
|
RM 157
|
958 sqft
|
|
|
|
Level 3
|
RM 150,000
|
RM 157
|
958 sqft
|
|
|
|
Level 2
|
RM 150,000
|
RM 157
|
958 sqft
|
|
|
|
Level 3
|
RM 150,000
|
RM 157
|
958 sqft
|
|
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Market Snapshot
ResidentialRM 150,000
RM 157 psfMedian transaction price
Jalan Kenanga 3/27a, Kampung Tujuh, 75200 Melaka, Malaysia
MapsRumah Pangsa Kenanga 3 in Melaka Tengah, Melaka recorded 15 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 150K and a median price per square foot (PSF) of RM 157.
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 150K, with most transactions falling within a stable range of RM 150K to RM 154K, and a typical market range of RM 150K to RM 168K.
Within the Flat category, flats dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 157, with most transactions between RM 151 and RM 162. The usual range is RM 108.58 to RM 204.58, showing that most units are priced quite close to each other. With an IQR of RM 96.00 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.