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Taman Kenanga Seksyen 3, 75200 Melaka, Malaysia
MapsTaman Kenanga Seksyen 3 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 223K 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 223K, with most transactions falling within a stable range of RM 210K to RM 235K, and a typical market range of RM 210K to RM 235K.
Most transactions involved flats, with moderate diversity in property types available.
The median PSF stands at RM 232, with core pricing between RM 208 and RM 257. Market pricing typically extends from RM 207.70 to RM 256.70, reflecting moderate variation in unit pricing. With an IQR of RM 49.00 and MAD of RM 25, 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.