| Road | Price | PSF | Size | Date | Type |
|---|
|
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 605,000
RM 129 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 2 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM 605K and a median price per square foot (PSF) of RM 129.
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 605K, with most transactions falling within a stable range of RM 360K to RM 850K, and a typical market range of RM 555K to RM 655K.
Within the Bungalow category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
The median PSF stands at RM 129, with core pricing between RM 115 and RM 142. Market pricing typically extends from RM 19.07 to RM 238.07, reflecting moderate variation in unit pricing. With an IQR of RM 219.00 and MAD of RM 14, 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.