| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kenanga 1/14
|
RM 300,000
|
RM 194
|
1,550 sqft
|
|
|
|
Jalan Kenanga 3/17
|
RM 400,000
|
RM 259
|
1,545 sqft
|
|
|
|
Jalan Kampong Lapan
|
RM 280,000
|
RM 182
|
1,539 sqft
|
|
|
|
Lorong Kenanga 1/28
|
RM 280,000
|
RM 182
|
1,539 sqft
|
|
|
Jalan Kenanga 1/7
|
RM 200,000
|
RM 121
|
1,647 sqft
|
|
|
Jalan Kenanga 1/7
|
RM 280,000
|
RM 128
|
2,185 sqft
|
|
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Market Snapshot
ResidentialRM 280,000
RM 182 psfMedian transaction price
Taman Malim Jaya Seksyen 1, Taman Malim Jaya, Malacca, Malaysia
MapsTaman Kenanga Sek. 1 in Melaka Tengah, Melaka recorded 6 Single Storey Terraced properties subsale transactions between 2021 and 2026, 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 221K to RM 339K, and a typical market range of RM 200K to RM 400K.
Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 182, though individual units vary from RM 136 to RM 228 in the core range. The broader market spans RM 114.16 to RM 249.66, indicating diverse property characteristics. A wider spread (IQR: RM 135.50) and deviation (MAD: RM 46) 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.