PERINDUSTRIAN KRUBONG in Melaka Tengah, Melaka recorded 13 subsale transactions in 2022, with a median price of RM 1.18 million and a median price per square foot (PSF) of RM 132.
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 1.18 million, with most transactions falling within a stable range of RM 730K to RM 1.63 million, and a typical market range of RM 683K to RM 1.68 million.
Most transactions involved detached factory/warehouse, with high diversity across multiple property types.
Price per square foot shows a median of RM 132, though individual units vary from RM 104 to RM 160 in the core range. The broader market spans RM 105.50 to RM 158.50, indicating diverse property characteristics. The spread of RM 53.00 (IQR) and deviation of RM 28 (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.
