TMN KENANGA
Residential Market
Median Price
RM 550,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost House
18 properties
Median Price
RM 125,000
-14.1% CAGR
Median PSF
RM 171.50
-14.0% CAGR
Double Storey Terraced
13 properties
Median Price
RM 425,000
+14.3% CAGR
Median PSF
RM 271.50
+2.9% CAGR
Single Storey Terraced
10 properties
Median Price
RM 317,500
+20.6% CAGR
Median PSF
RM 168.00
+19.9% CAGR
Single Storey Semi-D
8 properties
Median Price
RM 440,000
+3.9% CAGR
Median PSF
RM 129.50
+15.6% CAGR
Flat
3 properties
Median Price
RM 130,000
-7.4% CAGR
Median PSF
RM 188.50
-7.7% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 1,200,000
Median PSF
RM 375.00
Detached
1 properties
Median Price
RM 400,000
Median PSF
RM 78.00
Shop/Retail Lot
1 properties
Median Price
RM 80,000
Median PSF
RM 173.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Low-Cost House | 18 |
RM 125,000
±24K MAD
|
-14.06% |
RM 171.50
±34 MAD
|
-13.97% | |
| Double Storey Terraced | 13 |
RM 425,000
±30K MAD
|
+14.26% |
RM 271.50
±11 MAD
|
+2.92% | |
| Single Storey Terraced | 10 |
RM 317,500
±43K MAD
|
+20.63% |
RM 168.00
±28 MAD
|
+19.89% | |
| Single Storey Semi-D | 8 |
RM 440,000
±35K MAD
|
+3.90% |
RM 129.50
±8 MAD
|
+15.58% | |
| Flat | 3 |
RM 130,000
±5K MAD
|
-7.41% |
RM 188.50
±8 MAD
|
-7.65% | |
| Double Storey Semi-D | 1 |
RM 1,200,000
|
- |
RM 375.00
|
- | |
| Detached | 1 |
RM 400,000
|
- |
RM 78.00
|
- | |
| Shop/Retail Lot | 1 |
RM 80,000
|
- |
RM 173.00
|
- |
TMN KENANGA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 208.
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 320K to RM 923K, 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 208, though individual units vary from RM 125 to RM 291 in the core range. The broader market spans RM 139.38 to RM 276.63, indicating diverse property characteristics. A wider spread (IQR: RM 137.25) and deviation (MAD: RM 83) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN KENANGA 3/11
|
RM 320,000
|
RM 208.00
|
1,540 sqft
|
Mar 2024
|
|
JALAN KENANGA 1/2
|
RM 550,000
|
RM 190.00
|
2,895 sqft
|
Feb 2024
|
|
JALAN KENANGA 2/3
|
RM 1,200,000
|
RM 375.00
|
3,197 sqft
|
Jul 2024
|