Melaka
Melaka Tengah
Bdr Melaka
TAMAN KENANGA SEK. 1

TAMAN KENANGA SEK. 1

Area Intelligence

2023

Median Price

RM 359,000

PSF: RM 265

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Residential PSF Trends

Median Price

RM 359,000

PSF: RM 265

TAMAN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 359K and a median price per square foot (PSF) of RM 265.

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 359K, with most transactions falling within a stable range of RM 226K to RM 492K, and a typical market range of RM 200K to RM 519K.

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 265, though individual units vary from RM 179 to RM 350 in the core range. The broader market spans RM 193.00 to RM 336.00, indicating diverse property characteristics. A wider spread (IQR: RM 143.00) and deviation (MAD: RM 86) 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.

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TAMAN KENANGA SEK. 1, Melaka Tengah, Melaka

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

Low-Cost House

1,200 sqft

Low-Cost House

RM 358,000

JALAN KENANGA 1/6

1,214 sqft · RM 295 PSF

May 2023

JALAN KENANGA 1/6

RM 358,000

RM 295

1,214 sqft

May 2023

1,550 sqft

RM 500,000

JALAN KENANGA 2/15

1,539 sqft · RM 325 PSF

Jul 2023

RM 360,000

JALAN KENANGA 1/14

1,539 sqft · RM 234 PSF

Jun 2023

RM 280,000

JALAN KAMPONG LAPAN

1,539 sqft · RM 182 PSF

Jan 2023

JALAN KENANGA 2/15	RM 500,000	RM 325	1,539 sqft	Jul 2023	Double Storey Terraced
JALAN KENANGA 1/14	RM 360,000	RM 234	1,539 sqft	Jun 2023	Double Storey Terraced
JALAN KAMPONG LAPAN	RM 280,000	RM 182	1,539 sqft	Jan 2023	Single Storey Terraced