Area Intelligence

RUMAH PANGSA KENANGA 3

7 properties
Low-Cost Flat
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Median Price
RM 42,000
PSF: RM 60

Residential Market

Median Price

RM 42,000

IQR: RM 96
RM 60 PSF 6.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RUMAH PANGSA KENANGA 3 in Melaka Tengah, Melaka recorded 7 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 42K and a median price per square foot (PSF) of RM 60.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Low-Cost Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 60, with most transactions between RM 59 and RM 61. The usual range is RM 12.00 to RM 108.00, showing that most units are priced quite close to each other. With an IQR of RM 96.00 and MAD of RM 1, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RUMAH PANGSA KENANGA 3, Melaka Tengah, Melaka

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Transactions

7 properties grouped by size

700 sqft
6 units Low-Cost Flat
RM 42,000
689 sqft · RM 61.00 PSF
Oct 2022
RM 42,000
689 sqft · RM 61.00 PSF
Aug 2022
RM 42,000
700 sqft · RM 60.00 PSF
Aug 2022
RM 42,000
700 sqft · RM 60.00 PSF
Jul 2022
RM 42,000
700 sqft · RM 60.00 PSF
Jun 2022
RM 42,000
700 sqft · RM 60.00 PSF
Jun 2022
750 sqft
1 units Low-Cost Flat
RM 42,000
732 sqft · RM 57.00 PSF
Jun 2022