| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kenanga 1/6
|
RM 358,000
|
RM 295
|
1,214 sqft
|
|
|
Jalan Kenanga 1/14
|
RM 360,000
|
RM 248
|
1,453 sqft
|
|
|
Jalan Kampong Lapan
|
RM 280,000
|
RM 182
|
1,539 sqft
|
|
|
Jalan Kenanga 2/12
|
RM 600,000
|
RM 367
|
1,636 sqft
|
|
2-Sty Terrace |
|
Jalan Kenanga 1/7
|
RM 200,000
|
RM 121
|
1,647 sqft
|
|
Terrace |
|
Jalan Kenanga 2/15
|
RM 500,000
|
RM 306
|
1,636 sqft
|
|
2-Sty Terrace |
|
Jalan Kenanga 1/7
|
RM 280,000
|
RM 128
|
2,185 sqft
|
|
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Market Snapshot
ResidentialRM 358,000
RM 248 psfMedian transaction price
Taman Malim Jaya Seksyen 1, Taman Malim Jaya, Malacca, Malaysia
MapsTaman Kenanga Sek. 1 in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 358K and a median price per square foot (PSF) of RM 248.
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 358K, with most transactions falling within a stable range of RM 230K to RM 486K, and a typical market range of RM 213K to RM 503K.
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 248, though individual units vary from RM 161 to RM 335 in the core range. The broader market spans RM 179.99 to RM 315.49, indicating diverse property characteristics. A wider spread (IQR: RM 135.50) and deviation (MAD: RM 87) 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.