TMN KENANGA SEKSYEN 3

TMN KENANGA SEKSYEN 3 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 223K and a median price per square foot (PSF) of RM 233.

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 223K, with most transactions falling within a stable range of RM 210K to RM 235K, and a typical market range of RM 210K to RM 235K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 233, with core pricing between RM 208 and RM 257. Market pricing typically extends from RM 203.50 to RM 261.50, reflecting moderate variation in unit pricing. With an IQR of RM 58.00 and MAD of RM 25, 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.