TAMAN KENANGA SEK. 1

TAMAN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 11 subsale transactions between 2021 and 2025, priced between RM 300K and RM 750K, with a median price of RM 430K and a median price per square foot (PSF) of RM 295.

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 430K, with most transactions falling within a stable range of RM 300K to RM 574K, and a typical market range of RM 300K to RM 590K.

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 295, though individual units vary from RM 193 to RM 397 in the core range. The broader market spans RM 223.41 to RM 366.41, indicating diverse property characteristics. A wider spread (IQR: RM 143.00) and deviation (MAD: RM 102) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.