| Road | Price | PSF | Size | Date | Type |
|---|
|
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 4 subsale transactions between 2021 and 2026, with a median price of RM 233K and a median price per square foot (PSF) of RM 251.
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 233K, with most transactions falling within a stable range of RM 210K to RM 395K, and a typical market range of RM 220K to RM 245K.
Most transactions involved flats, with moderate diversity in property types available.
Price per square foot shows a median of RM 251, though individual units vary from RM 196 to RM 307 in the core range. The broader market spans RM 226.73 to RM 275.73, indicating diverse property characteristics. The spread of RM 49.00 (IQR) and deviation of RM 55 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.