Melaka
Melaka Tengah
Bdr Melaka
TAMAN KENANGA SEK 1(TAMAN TENGKERA)

TAMAN KENANGA SEK 1(TAMAN TENGKERA)

Area Intelligence

2023

Median Price

RM 360,000

PSF: RM 142

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 142

TAMAN KENANGA SEK 1(TAMAN TENGKERA) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 142.

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 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 142, with most transactions between RM 142 and RM 142. The usual range is RM 32.50 to RM 251.50, showing that most units are priced quite close to each other. With an IQR of RM 219.00 and MAD of RM 0, 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.

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TAMAN KENANGA SEK 1(TAMAN TENGKERA), Melaka Tengah, Melaka

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