Melaka
Melaka Tengah
Bdr Melaka
TAMAN KENANGA SEK 3

TAMAN KENANGA SEK 3

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 220

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 220

TAMAN KENANGA SEK 3 in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 220.

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 450K, with most transactions falling within a stable range of RM 142K to RM 758K, and a typical market range of RM 213K to RM 688K.

Most transactions involved flats, with moderate diversity in property types available.

Price per square foot shows a median of RM 220, though individual units vary from RM 73 to RM 367 in the core range. The broader market spans RM 123.63 to RM 316.38, indicating diverse property characteristics. A wider spread (IQR: RM 192.75) and deviation (MAD: RM 147) 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.

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TAMAN KENANGA SEK 3, Melaka Tengah, Melaka

OSM

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 200,000

Level 4

936 sqft • RM 214.00 PSF

Oct 2023

RM 700,000

JALAN KENANGA 3/10

3,100 sqft • RM 226.00 PSF

Aug 2023

RM 138,000

Level 2

1,044 sqft • RM 132.00 PSF

Aug 2023

RM 850,000

JALAN 3/27

1,636 sqft • RM 520.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 4	RM 200,000	RM 214.00	936 sqft	Oct 2023	Flat
JALAN KENANGA 3/10	RM 700,000	RM 226.00	3,100 sqft	Aug 2023	Double Storey Terraced
Level 2	RM 138,000	RM 132.00	1,044 sqft	Aug 2023	Flat
JALAN 3/27	RM 850,000	RM 520.00	1,636 sqft	Mar 2023	Double Storey Terraced