Area Intelligence

TMN KENANGA SEKSYEN 3

3 properties
Flat
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Median Price
RM 230,000
PSF: RM 246

Residential Market

Median Price

RM 230,000

IQR: RM 58
MAD: RM 25
RM 246 PSF 33.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN KENANGA SEKSYEN 3 in Melaka Tengah, Melaka recorded 3 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 230K and a median price per square foot (PSF) of RM 246.

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 230K, with most transactions falling within a stable range of RM 219K to RM 235K, and a typical market range of RM 210K to RM 235K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 246, with most transactions between RM 225 and RM 267. The usual range is RM 217.00 to RM 275.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN KENANGA SEKSYEN 3, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

900 sqft
1 units Flat
RM 235,000
915 sqft · RM 257.00 PSF
May 2023
950 sqft
1 units Flat
RM 230,000
936 sqft · RM 246.00 PSF
May 2024
1,000 sqft
1 units Flat
RM 210,000
1,012 sqft · RM 208.00 PSF
Jul 2023