| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kenanga 1/14
|
RM 300,000
|
RM 194
|
1,550 sqft
|
|
|
|
Jalan Kenanga 3/17
|
RM 400,000
|
RM 259
|
1,545 sqft
|
|
|
Jalan Kenanga 1/10
|
RM 480,000
|
RM 303
|
1,582 sqft
|
|
|
|
Jalan Kenanga 1/13
|
RM 400,000
|
RM 253
|
1,582 sqft
|
|
|
Jalan Kenanga 1/5
|
RM 688,000
|
RM 418
|
1,647 sqft
|
|
|
|
Kpg Lapan
|
RM 698,000
|
RM 427
|
1,636 sqft
|
|
|
Jalan Kampung 8
|
RM 900,000
|
RM 145
|
6,189 sqft
|
|
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Market Snapshot
ResidentialRM 480,000
RM 259 psfMedian transaction price
Taman Malim Jaya Seksyen 1, Taman Malim Jaya, Malacca, Malaysia
MapsTaman Kenanga Sek. 1 in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2026, with a median price of RM 480K and a median price per square foot (PSF) of RM 259.
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 480K, with most transactions falling within a stable range of RM 300K to RM 678K, and a typical market range of RM 335K to RM 625K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 259, though individual units vary from RM 161 to RM 357 in the core range. The broader market spans RM 191.21 to RM 326.71, indicating diverse property characteristics. A wider spread (IQR: RM 135.50) and deviation (MAD: RM 98) indicate significant PSF variations, likely due to diverse property types or conditions.
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.