TAMAN KENANGA SEK. 1

TAMAN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, priced up to RM 300K and sized between 1,000 and 3,000 sqft, with a median price of RM 280K and a median price per square foot (PSF) of RM 182.

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 280K, with most transactions falling within a stable range of RM 245K to RM 300K, and a typical market range of RM 200K to RM 300K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 182, with core pricing between RM 152 and RM 212. Market pricing typically extends from RM 110.41 to RM 253.41, reflecting moderate variation in unit pricing. The spread of RM 143.00 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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.