RESIDENSI KENANGA IMPIAN @ THE QUARTZ

RESIDENSI KENANGA IMPIAN @ THE QUARTZ in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 414K and a median price per square foot (PSF) of RM 498.

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 414K, with most transactions falling within a stable range of RM 376K to RM 452K, and a typical market range of RM 375K to RM 453K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 498, with most transactions between RM 473 and RM 523. The usual range is RM 470.75 to RM 525.25, showing that most units are priced quite close to each other. With an IQR of RM 54.50 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.