TAMAN KRUBONG INDAH in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, with a median price of RM 263K and a median price per square foot (PSF) of RM 192.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 263K, with most transactions falling within a stable range of RM 233K to RM 293K, and a typical market range of RM 213K to RM 313K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 192, with core pricing between RM 169 and RM 215. Market pricing typically extends from RM 166.50 to RM 217.50, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.