TAMAN KRUBONG PERMAI in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 155.
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 170K, with most transactions falling within a stable range of RM 133K to RM 208K, and a typical market range of RM 132K to RM 209K.
Most transactions involved low-cost house, with moderate diversity in property types available.
The median PSF stands at RM 155, with core pricing between RM 137 and RM 174. Market pricing typically extends from RM 138.50 to RM 171.50, 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.