TAMAN KENANGA SEK 3

TAMAN KENANGA SEK 3 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 220K and a median price per square foot (PSF) of RM 232.

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 220K, with most transactions falling within a stable range of RM 175K to RM 436K, and a typical market range of RM 175K to RM 473K.

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

Price per square foot shows a median of RM 232, though individual units vary from RM 119 to RM 345 in the core range. The broader market spans RM 126.88 to RM 337.13, indicating diverse property characteristics. A wider spread (IQR: RM 210.25) and deviation (MAD: RM 113) 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.