| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kenanga 1/8
|
RM 265,000
|
RM 220
|
1,206 sqft
|
|
|
Jalan Kenanga 2/15
|
RM 700,000
|
RM 482
|
1,453 sqft
|
|
|
|
Jalan Kenanga 1/14
|
RM 360,000
|
RM 248
|
1,453 sqft
|
|
|
Jalan Kenanga 1/10
|
RM 480,000
|
RM 303
|
1,582 sqft
|
|
|
|
Jalan Kenanga 1/13
|
RM 400,000
|
RM 253
|
1,582 sqft
|
|
|
Jalan Kenanga 1/5
|
RM 688,000
|
RM 418
|
1,647 sqft
|
|
|
|
Kpg Lapan
|
RM 698,000
|
RM 427
|
1,636 sqft
|
|
|
|
Jalan Kenanga 2/12
|
RM 600,000
|
RM 367
|
1,636 sqft
|
|
|
|
Jalan Kenanga 2/15
|
RM 500,000
|
RM 306
|
1,636 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 306 psfMedian transaction price
Taman Malim Jaya Seksyen 1, Taman Malim Jaya, Malacca, Malaysia
MapsTaman Kenanga Sek. 1 in Melaka Tengah, Melaka recorded 9 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 500K and a median price per square foot (PSF) of RM 306.
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 500K, with most transactions falling within a stable range of RM 349K to RM 651K, and a typical market range of RM 355K to RM 645K.
Within the Double 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 306, though individual units vary from RM 219 to RM 392 in the core range. The broader market spans RM 237.85 to RM 373.35, indicating diverse property characteristics. A wider spread (IQR: RM 135.50) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.