| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kenanga 1/8
|
RM 250,000
|
RM 215
|
1,163 sqft
|
|
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Market Snapshot
ResidentialRM 250,000
RM 215 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 1 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 215.
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 215, with most transactions between RM 215 and RM 215. The usual range is RM 105.55 to RM 324.55, 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.