Melaka Tengah, Melaka · Freehold · 6 transactions
Median Price
RM350K
RM280K – RM375K
Median PSF
RM379
RM304 – RM406
Transactions
6
2022-03 to 2025-03
Size Range
855 – 1001
sq.ft (built-up)
Data-driven insights for KENANGA RESIDENSES
Earliest PSF (2022)
RM483
Current PSF (2025)
RM379
Capital Gain
-21.5%
Total Return (est.)
-2.9% p.a.
| Capital appreciation (3 years) | -21.5% |
| Annualised capital return | -7.2% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | -2.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -19.1% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Melaka district averages.
PSF Trend: Declining
PSF moved from RM483 (2022) to RM379 (2025)
Liquidity: Low
6 transactions over 3 years (~2/year)
23% above Melaka Tengah average
This project: RM379 PSF vs Melaka Tengah median: RM307 PSF
Est. Total Return: -2.9% p.a. (below FD)
Capital loss (-7.2% p.a.) + rental yield (~4.3% p.a.)
KENANGA RESIDENSES delivers a modest estimated total return of -2.9% p.a. — comprising -7.2% capital depreciation and ~4.3% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 23% above the Melaka Tengah average, reflecting its positioning as a premium development in the area. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Mar 2025 | Condominium/Apartment | Freehold | 924 | RM379 | RM350K |
| Apr 2024 | Condominium/Apartment | Freehold | 924 | RM406 | RM375K |
| Oct 2023 | Condominium/Apartment | Freehold | 855 | RM304 | RM260K |
| Feb 2023 | Condominium/Apartment | Freehold | 924 | RM341 | RM315K |
| Nov 2022 | Condominium/Apartment | Freehold | 924 | RM483 | RM446K |
1 more transactions hidden
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 6 records
3 interactive charts
Scatter, price & PSF vs Melaka Tengah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
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