TAMAN KENANGA SEK 1(TAMAN TENGKERA)

TAMAN KENANGA SEK 1(TAMAN TENGKERA) in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 357.

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 250K, with most transactions falling within a stable range of RM 230K to RM 270K, and a typical market range of RM 200K to RM 300K.

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 357, with most transactions between RM 340 and RM 374. The usual range is RM 247.50 to RM 466.50, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.