PERINDUSTRIAN KRUBONG

Area Intelligence
2023
Median Price
RM 725,000
PSF: RM 410

Commercial PSF Trends

Median Price

RM 725,000

RM 410 PSF

PERINDUSTRIAN KRUBONG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 725K and a median price per square foot (PSF) of RM 410.

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 725K, with most transactions falling within a stable range of RM 700K to RM 750K, and a typical market range of RM 700K to RM 750K.

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

For price per square foot, the median is RM 410, with most transactions between RM 394 and RM 425. The usual range is RM 383.00 to RM 436.00, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 16, 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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Transactions

2 transactions grouped by size

1,650 sqft
3-Storey Shop
RM 700,000
JALAN PK 16
1,647 sqft · RM 425 PSF
1,900 sqft
Double Storey Shop
RM 750,000
JALAN PK 16
1,905 sqft · RM 394 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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