Area Intelligence

TMN KRUBONG JAYA

8 properties
Double Storey Shop
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Median Price
RM 710,000
PSF: RM 410

Residential Market

Median Price

RM 280,000

IQR: RM 60
MAD: RM 31
RM 203 PSF 7.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 710,000

IQR: RM 153
MAD: RM 85
RM 410 PSF 11.3%

PSF Trends (2021-2025)

TMN KRUBONG JAYA in Melaka Tengah, Melaka recorded 8 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 710K and a median price per square foot (PSF) of RM 410.

This area contains both residential and commercial properties. View 166 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 710K, with most transactions falling within a stable range of RM 588K to RM 832K, and a typical market range of RM 648K to RM 773K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 410, though individual units vary from RM 322 to RM 497 in the core range. The broader market spans RM 377.00 to RM 442.00, indicating diverse property characteristics. The spread of RM 65.00 (IQR) and deviation of RM 87 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN KRUBONG JAYA, Melaka Tengah, Melaka

OSM

Transactions

8 properties grouped by size

1,550 sqft
7 units Double Storey Shop
RM 780,000
JALAN KJ 1
1,539 sqft · RM 507.00 PSF
May 2024
RM 600,000
JLN KJ 72
1,539 sqft · RM 390.00 PSF
Mar 2024
RM 868,000
JALAN KJ 1
1,539 sqft · RM 564.00 PSF
Oct 2023
RM 760,000
JALAN KJ 1
1,539 sqft · RM 494.00 PSF
May 2023
RM 540,000
JLN KJ 72
1,539 sqft · RM 351.00 PSF
Mar 2023
RM 660,000
JALAN KJ 1
1,539 sqft · RM 429.00 PSF
May 2022
RM 500,000
JALAN KJ 72
1,539 sqft · RM 325.00 PSF
Sep 2021
2,500 sqft
1 units Double Storey Shop
RM 770,000
JALAN KJ 1
2,486 sqft · RM 310.00 PSF
Jan 2022