TAMAN KENANGA SEK. 1

Area Intelligence
2023
Median Price
RM 358,000
PSF: RM 234

Residential PSF Trends

Median Price

RM 358,000

PSF: RM 234

TAMAN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 358K and a median price per square foot (PSF) of RM 234.

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 358K, with most transactions falling within a stable range of RM 500K to RM 408K, and a typical market range of RM 500K to RM 518K.

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

The median PSF stands at RM 234, with core pricing between RM 211 and RM 258. Market pricing typically extends from RM 162.50 to RM 305.50, reflecting moderate variation in unit pricing. With an IQR of RM 143.00 and MAD of RM 24, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

TAMAN KENANGA SEK. 1, Melaka Tengah, Melaka

OSM

Track location

Transactions

4 transactions grouped by size

1,200 sqft
Low-Cost House
RM 358,000
JALAN KENANGA 1/6
1,214 sqft · RM 295 PSF
1,550 sqft
Double Storey Terraced
RM 500,000
JALAN KENANGA 2/15
1,539 sqft · RM 325 PSF
RM 360,000
JALAN KENANGA 1/14
1,539 sqft · RM 234 PSF
1,600 sqft
Double Storey Terraced
RM 600,000
JALAN KENANGA 2/12
1,615 sqft · RM 372 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access