| 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 2 subsale transactions between 2021 and 2026, with a median price of RM 415K and a median price per square foot (PSF) of RM 301.
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 415K, with most transactions falling within a stable range of RM 230K to RM 600K, and a typical market range of RM 403K to RM 428K.
Most transactions involved flats, with moderate diversity in property types available.
The median PSF stands at RM 301, with core pricing between RM 246 and RM 357. Market pricing typically extends from RM 276.96 to RM 325.96, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 56 (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.