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Taman Kenanga, Melaka, Malaysia
MapsTaman Kenanga Sec.3 (Pec Lot 127) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 214.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved flats, with moderate diversity in property types available.
For price per square foot, the median is RM 214, with most transactions between RM 214 and RM 214. The usual range is RM 207.82 to RM 219.32, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.