Taman Kenanga Sek. 1

Taman Malim Jaya Seksyen 1, Taman Malim Jaya, Malacca, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM700,000
Jalan Kenanga 2/15
1,453 sqft RM482 PSF
RM360,000
Jalan Kenanga 1/14
1,453 sqft RM248 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Kenanga Sek. 1? Homes here sold for a median of RM530,000.

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Market Snapshot

Residential

RM530,000

RM365 psf

Median transaction price

Taman Kenanga Sek. 1
© OpenStreetMap · CARTO

Taman Malim Jaya Seksyen 1, Taman Malim Jaya, Malacca, Malaysia

Maps

Taman Kenanga Sek. 1 in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM530K and a median price per square foot (PSF) of RM365.

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 RM530K, with most transactions falling within a stable range of RM360K to RM700K, and a typical market range of RM385K to RM675K.

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

Price per square foot shows a median of RM365, though individual units vary from RM248 to RM482 in the core range. The broader market spans RM296.98 to RM432.48, indicating diverse property characteristics. A wider spread (IQR: RM135.50) and deviation (MAD: RM117) indicate significant PSF variations, likely due to diverse property types or conditions.

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.