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Taman Kenanga
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bdr Melaka
Market Snapshot
ResidentialRM550,000
RM285 psfMedian transaction price
Taman Kenanga, Melaka, Malaysia
MapsTaman Kenanga in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM550K and a median price per square foot (PSF) of RM213.
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 RM550K, with most transactions falling within a stable range of RM355K to RM745K, and a typical market range of RM406K to RM694K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM213, though individual units vary from RM141 to RM285 in the core range. The broader market spans RM149.50 to RM276.50, indicating diverse property characteristics. A wider spread (IQR: RM127.00) and deviation (MAD: RM72) 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.