| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 230,000
|
RM 246
|
936 sqft
|
|
Flat |
|
Level 5
|
RM 130,000
|
RM 139
|
936 sqft
|
|
Condo |
|
Jalan Kenanga 3/34
|
RM 600,000
|
RM 357
|
1,679 sqft
|
|
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Taman Kenanga Seksyen 3, 75200 Melaka, Malaysia
MapsTaman Kenanga Seksyen 3 in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 230K and a median price per square foot (PSF) of RM 246.
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 230K, with most transactions falling within a stable range of RM 210K to RM 250K, and a typical market range of RM 218K to RM 243K.
Most transactions involved flats, with moderate diversity in property types available.
The median PSF stands at RM 246, with core pricing between RM 208 and RM 284. Market pricing typically extends from RM 221.11 to RM 270.11, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.
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.