| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kenanga 2/15
|
RM 700,000
|
RM 482
|
1,453 sqft
|
|
|
Jalan Kenanga 3/17
|
RM 400,000
|
RM 259
|
1,545 sqft
|
|
|
Jalan Kenanga 1/5
|
RM 688,000
|
RM 418
|
1,647 sqft
|
|
|
|
Kpg Lapan
|
RM 698,000
|
RM 427
|
1,636 sqft
|
|
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Market Snapshot
ResidentialRM 693,000
RM 422 psfMedian transaction price
Taman Malim Jaya Seksyen 1, Taman Malim Jaya, Malacca, Malaysia
MapsTaman 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 422.
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 548K to RM 700K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 422, with core pricing between RM 339 and RM 505. Market pricing typically extends from RM 354.44 to RM 489.94, reflecting moderate variation in unit pricing. The spread of RM 135.50 (IQR) and deviation of RM 83 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.