PERINDUSTRIAN KRUBONG

PERINDUSTRIAN KRUBONG in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 1.33 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 1.33 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.50 million, and a typical market range of RM 828K to RM 1.50 million.

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

Price per square foot shows a median of RM 157, though individual units vary from RM 122 to RM 192 in the core range. The broader market spans RM 130.81 to RM 183.81, indicating diverse property characteristics. The spread of RM 53.00 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.

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.