TMN KENANGA SEK. 1

TMN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 8 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 550K and a median price per square foot (PSF) of RM 349.

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 390K to RM 700K, and a typical market range of RM 390K 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 349, though individual units vary from RM 263 to RM 434 in the core range. The broader market spans RM 277.00 to RM 420.00, indicating diverse property characteristics. The spread of RM 143.00 (IQR) and deviation of RM 86 (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.