Area Intelligence

TMN KENANGA SEK 3

5 properties
Double Storey Terraced
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Median Price
RM 700,000
PSF: RM 411

Residential Market

Median Price

RM 700,000

IQR: RM 210
MAD: RM 70
RM 411 PSF 24.9%

PSF Trends (2021-2025)

TMN KENANGA SEK 3 in Melaka Tengah, Melaka recorded 5 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 700K and a median price per square foot (PSF) of RM 411.

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 700K, with most transactions falling within a stable range of RM 611K to RM 789K, and a typical market range of RM 600K to RM 850K.

Within the Double Storey Terraced category, flats dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 411, though individual units vary from RM 313 to RM 509 in the core range. The broader market spans RM 305.88 to RM 516.13, indicating diverse property characteristics. The spread of RM 210.25 (IQR) and deviation of RM 98 (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.

Area Location

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TMN KENANGA SEK 3, Melaka Tengah, Melaka

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Transactions

5 properties grouped by size

1,450 sqft
1 units Double Storey Terraced
RM 660,000
JLN KENANGA 3/10A
1,442 sqft · RM 458.00 PSF
Feb 2024
1,500 sqft
1 units Double Storey Terraced
RM 600,000
JLN 3/27A
1,507 sqft · RM 398.00 PSF
May 2024
1,650 sqft
1 units Double Storey Terraced
RM 850,000
JALAN 3/27
1,636 sqft · RM 520.00 PSF
Mar 2023
1,900 sqft
1 units Double Storey Terraced
RM 788,000
JLN 3/27A
1,916 sqft · RM 411.00 PSF
May 2022
3,100 sqft
1 units Double Storey Terraced
RM 700,000
JALAN KENANGA 3/10
3,100 sqft · RM 226.00 PSF
Aug 2023