Melaka
Melaka Tengah
Bdr Melaka
TAMAN KENANGA SEK. 1

TAMAN KENANGA SEK. 1

Area Intelligence

2022

Median Price

RM 430,000

PSF: RM 131

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Residential PSF Trends

Median Price

RM 430,000

PSF: RM 131

TAMAN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, with a median price of RM 430K and a median price per square foot (PSF) of RM 131.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 131, with most transactions between RM 131 and RM 131. The usual range is RM 59.50 to RM 202.50, showing that most units are priced quite close to each other. With an IQR of RM 143.00 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN KENANGA SEK. 1, Melaka Tengah, Melaka

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