TAMAN KRUBONG UTAMA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 525K and a median price per square foot (PSF) of RM 300.
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 525K, with most transactions falling within a stable range of RM 325K to RM 725K, and a typical market range of RM 365K to RM 685K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
The median PSF stands at RM 300, with core pricing between RM 268 and RM 332. Market pricing typically extends from RM 244.50 to RM 354.50, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
