| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tun Perak
|
RM 355,000
|
RM 285
|
1,247 sqft
|
|
|
Jalan Kenanga 3/11
|
RM 320,000
|
RM 208
|
1,540 sqft
|
|
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Market Snapshot
ResidentialRM 337,500
RM 246 psfMedian transaction price
Taman Kenanga, Melaka, Malaysia
MapsTaman Kenanga in Melaka Tengah, Melaka recorded 2 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 338K 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 338K, with most transactions falling within a stable range of RM 320K to RM 355K, and a typical market range of RM 320K to RM 355K.
Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 246, with core pricing between RM 208 and RM 285. Market pricing typically extends from RM 182.75 to RM 309.75, reflecting moderate variation in unit pricing. The spread of RM 127.00 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.