TAMAN KRUBONG PERMAI in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 135.
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 130K, with most transactions falling within a stable range of RM 93K to RM 168K, and a typical market range of RM 92K to RM 169K.
Most transactions involved low-cost house, with moderate diversity in property types available.
The median PSF stands at RM 135, with core pricing between RM 117 and RM 154. Market pricing typically extends from RM 118.50 to RM 151.50, reflecting moderate variation in unit pricing. With an IQR of RM 33.00 and MAD of RM 19, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.