Taman Kenanga Sek. 1 in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM312K and a median price per square foot (PSF) of RM257.

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 RM312K, with most transactions falling within a stable range of RM265K to RM358K, and a typical market range of RM265K to RM358K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM257, with core pricing between RM220 and RM295. Market pricing typically extends from RM189.61 to RM325.11, reflecting moderate variation in unit pricing. With an IQR of RM135.50 and MAD of RM38, 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.