TAMAN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 0 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 400K and a median price per square foot (PSF) of RM 234.
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 400K, with most transactions falling within a stable range of RM 280K to RM 520K, and a typical market range of RM 240K to RM 560K.
Within the Low-Cost Flat 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 234, though individual units vary from RM 145 to RM 323 in the core range. The broader market spans RM 162.50 to RM 305.50, indicating diverse property characteristics. A wider spread (IQR: RM 143.00) and deviation (MAD: RM 89) 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.
