TMN KENANGA

TMN KENANGA in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 249.

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 550K, with most transactions falling within a stable range of RM 378K to RM 723K, and a typical market range of RM 421K to RM 679K.

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

Price per square foot shows a median of RM 249, though individual units vary from RM 199 to RM 299 in the core range. The broader market spans RM 180.38 to RM 317.63, indicating diverse property characteristics. The spread of RM 137.25 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.

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.