Melaka
Melaka Tengah
Krubong
TAMAN KRUBONG UTAMA

TAMAN KRUBONG UTAMA

Area Intelligence

2024

Median Price

RM 455,000

PSF: RM 213

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 214

Commercial PSF Trends

Median Price

RM 500,000

RM 325 PSF

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 213.

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 500K to RM 558K, and a typical market range of RM 500K to RM 615K.

Most transactions involved condominium/apartment, with high diversity across multiple property types.

Price per square foot shows a median of RM 213, though individual units vary from RM 145 to RM 282 in the core range. The broader market spans RM 158.46 to RM 268.46, indicating diverse property characteristics. A wider spread (IQR: RM 110.00) and deviation (MAD: RM 68) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN KRUBONG UTAMA, Melaka Tengah, Melaka

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