TAMAN KRUBONG UTAMA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 455K and a median price per square foot (PSF) of RM 235.
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 455K, with most transactions falling within a stable range of RM 255K to RM 655K, and a typical market range of RM 295K to RM 615K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
The median PSF stands at RM 235, with core pricing between RM 203 and RM 267. Market pricing typically extends from RM 180.00 to RM 290.00, reflecting moderate variation in unit pricing. With an IQR of RM 110.00 and MAD of RM 32, 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.
