Melaka
Melaka Tengah
Krubong
PERINDUSTRIAN KRUBONG

PERINDUSTRIAN KRUBONG

Area Intelligence

2023

Median Price

RM 1,412,500

PSF: RM 157

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Commercial PSF Trends

Median Price

RM 1,412,500

RM 157 PSF

PERINDUSTRIAN KRUBONG in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 1.41 million and a median price per square foot (PSF) of RM 157.

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 1.41 million, with most transactions falling within a stable range of RM 2.70 million to RM 1.87 million, and a typical market range of RM 2.70 million to RM 1.91 million.

Most transactions involved detached factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM 157, with most transactions between RM 156 and RM 158. The usual range is RM 130.00 to RM 183.00, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 1, 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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PERINDUSTRIAN KRUBONG, Melaka Tengah, Melaka

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