TAMAN KRUBONG UTAMA in Melaka Tengah, Melaka recorded 15 subsale transactions in 2021, with a median price of RM 180K and a median price per square foot (PSF) of RM 180.
This area contains both residential and commercial properties. View 32 residential properties or 14 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM -20,000 to RM 380K, and a typical market range of RM 20K to RM 340K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
The median PSF stands at RM 180, with core pricing between RM 148 and RM 212. Market pricing typically extends from RM 125.00 to RM 235.00, reflecting moderate variation in unit pricing. The spread of RM 110.00 (IQR) and deviation of RM 32 (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.
