TAMAN KENANGA SEK. 1

TAMAN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 380K and a median price per square foot (PSF) of RM 260.

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 380K, with most transactions falling within a stable range of RM 222K to RM 538K, and a typical market range of RM 220K to RM 540K.

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 260, though individual units vary from RM 161 to RM 358 in the core range. The broader market spans RM 188.00 to RM 331.00, indicating diverse property characteristics. A wider spread (IQR: RM 143.00) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.