Area Intelligence

TMN KENANGA SEK. 1

1 properties
Low-Cost House
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Median Price
RM 358,000
PSF: RM 295

Residential Market

Median Price

RM 358,000

IQR: RM 155
MAD: RM 72
RM 295 PSF 11.0%

PSF Trends (2021-2025)

TMN KENANGA SEK. 1 in Melaka Tengah, Melaka recorded 1 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 358K and a median price per square foot (PSF) of RM 295.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Low-Cost House category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 295, with most transactions between RM 295 and RM 295. The usual range is RM 223.50 to RM 366.50, showing that most units are priced quite close to each other. With an IQR of RM 143.00 and MAD of RM 0, 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 SEK. 1, Melaka Tengah, Melaka

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Transactions

1 properties grouped by size

1,200 sqft
1 units Low-Cost House
RM 358,000
JLN KENANGA 1/6
1,214 sqft · RM 295.00 PSF
May 2023