Area Intelligence

TMN KENANGA

2 properties
Double Storey Terraced
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Median Price
RM 625,000
PSF: RM 290

Residential Market

Median Price

RM 625,000

IQR: RM 154
MAD: RM 77
RM 290 PSF 5.4%

PSF Trends (2021-2025)

TMN KENANGA in Melaka Tengah, Melaka recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 625K and a median price per square foot (PSF) of RM 290.

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 625K, with most transactions falling within a stable range of RM 550K to RM 700K, and a typical market range of RM 550K to RM 700K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 290, though individual units vary from RM 213 to RM 367 in the core range. The broader market spans RM 221.38 to RM 358.63, indicating diverse property characteristics. A wider spread (IQR: RM 137.25) and deviation (MAD: RM 77) 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.

Area Location

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TMN KENANGA, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

1,500 sqft
1 units Double Storey Terraced
RM 550,000
JLN KENANGA 1/23
1,500 sqft · RM 367.00 PSF
Dec 2022
3,300 sqft
1 units Double Storey Terraced
RM 700,000
KPG LAPAN
3,285 sqft · RM 213.00 PSF
Jul 2023