| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kekwa 4
|
RM 1,300,000
|
RM 570
|
2,282 sqft
|
|
|
Jalan Kekwa 2
|
RM 830,000
|
RM 282
|
2,939 sqft
|
|
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Tropicana at, 1, Jalan Kekwa 3, Taman Sentosa, 75150 Melaka, Malaysia
MapsThe Tropicana (Taman Sentosa) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 1.07 million and a median price per square foot (PSF) of RM 426.
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 1.07 million, with most transactions falling within a stable range of RM 830K to RM 1.30 million, and a typical market range of RM 988K to RM 1.14 million.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 426, though individual units vary from RM 282 to RM 570 in the core range. The broader market spans RM 381.82 to RM 470.32, indicating diverse property characteristics. A wider spread (IQR: RM 88.50) and deviation (MAD: RM 144) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.