TAMAN KENANGA SEK. 1

Area Intelligence
2024
Median Price
RM 693,000
PSF: RM 346

Residential PSF Trends

Median Price

RM 693,000

PSF: RM 346

TAMAN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 693K and a median price per square foot (PSF) of RM 346.

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 693K, with most transactions falling within a stable range of RM 565K to RM 700K, and a typical market range of RM 533K to RM 700K.

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 346, though individual units vary from RM 239 to RM 452 in the core range. The broader market spans RM 274.00 to RM 417.00, indicating diverse property characteristics. A wider spread (IQR: RM 143.00) and deviation (MAD: RM 107) 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.

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TAMAN KENANGA SEK. 1, Melaka Tengah, Melaka

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Transactions

4 transactions grouped by size

1,550 sqft
RM 400,000
JALAN KENANGA 3/17
1,545 sqft · RM 259 PSF
RM 688,000
JALAN KENANGA 1/5
1,539 sqft · RM 447 PSF
1,600 sqft
Double Storey Terraced
RM 698,000
KPG LAPAN
1,615 sqft · RM 432 PSF
3,500 sqft
Double Storey Terraced
RM 700,000
JALAN KENANGA 2/15
3,488 sqft · RM 201 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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