Melaka
Melaka Tengah
Bkt Katil
TAMAN AYER KEROH HEIGHT

TAMAN AYER KEROH HEIGHT

Area Intelligence

2024

Median Price

RM 355,000

PSF: RM 305

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TAMAN AYER KEROH HEIGHT in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, priced up to RM 500K, with a median price of RM 355K and a median price per square foot (PSF) of RM 305.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 355K, with most transactions falling within a stable range of RM 330K to RM 380K, and a typical market range of RM 330K to RM 380K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 305, with most transactions between RM 284 and RM 327. The usual range is RM 188.88 to RM 421.88, showing that most units are priced quite close to each other. With an IQR of RM 233.00 and MAD of RM 22, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN AYER KEROH HEIGHT, Melaka Tengah, Melaka

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