Melaka
Melaka Tengah
Bdr Melaka
TAMAN KENANGA SEK 3

TAMAN KENANGA SEK 3

Area Intelligence

2024

Median Price

RM 630,000

PSF: RM 428

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Residential PSF Trends

Median Price

RM 630,000

PSF: RM 428

TAMAN KENANGA SEK 3 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 630K and a median price per square foot (PSF) of RM 428.

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 630K, with most transactions falling within a stable range of RM 600K to RM 660K, and a typical market range of RM 600K to RM 660K.

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

For price per square foot, the median is RM 428, with most transactions between RM 398 and RM 458. The usual range is RM 331.63 to RM 524.38, showing that most units are priced quite close to each other. With an IQR of RM 192.75 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

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 3, Melaka Tengah, Melaka

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