Area Intelligence

TMN KENANGA

2 properties
2022
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Median Price
RM 452,500
PSF: RM 326

Residential Market

Median Price

RM 452,500

IQR: RM 154
MAD: RM 77
RM 326 PSF 5.4%

PSF Trends (2021-2025)

TMN KENANGA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 453K and a median price per square foot (PSF) of RM 326.

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 453K, with most transactions falling within a stable range of RM 355K to RM 550K, and a typical market range of RM 355K to RM 550K.

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

The median PSF stands at RM 326, with core pricing between RM 285 and RM 367. Market pricing typically extends from RM 257.38 to RM 394.63, reflecting moderate variation in unit pricing. With an IQR of RM 137.25 and MAD of RM 41, 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. 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

1,250 sqft
1 units Single Storey Terraced
RM 355,000
JLN TUN PERAK
1,247 sqft · RM 285.00 PSF
Dec 2022
1,500 sqft
1 units Double Storey Terraced
RM 550,000
JLN KENANGA 1/23
1,500 sqft · RM 367.00 PSF
Dec 2022