| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kenanga 1/19
|
RM 270,000
|
RM 232
|
1,163 sqft
|
|
|
|
Jalan Kenanga 1/8
|
RM 250,000
|
RM 215
|
1,163 sqft
|
|
|
Jalan Kenanga 1/8
|
RM 260,000
|
RM 214
|
1,216 sqft
|
|
|
Jalan Kenanga 1/4
|
RM 360,000
|
RM 142
|
2,532 sqft
|
|
|
Jalan Kenanga 1/24
|
RM 850,000
|
RM 115
|
7,395 sqft
|
|
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Market Snapshot
ResidentialRM 270,000
RM 357 psfMedian transaction price
Taman Bachang Baru Sek 1, Taman Bachang Baru, 75350 Malacca, Malaysia
MapsTaman Kenanga Sek 1(Taman Tengkera) in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 270K 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. The median price is RM 270K, with most transactions falling within a stable range of RM 250K to RM 290K, and a typical market range of RM 250K to RM 320K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 214, with most transactions between RM 197 and RM 231. The usual range is RM 104.26 to RM 323.26, showing that most units are priced quite close to each other. With an IQR of RM 219.00 and MAD of RM 17, 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.