Area Intelligence

TMN KRUBONG UTAMA

8 properties
2023
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Median Price
RM 525,000
PSF: RM 300

Residential Market

Median Price

RM 644,000

IQR: RM 35
MAD: RM 8
RM 215 PSF 5.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 500,000

IQR: RM 37
MAD: RM 20
RM 317 PSF 4.5%

PSF Trends (2021-2025)

TMN 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 400K to RM 657K, and a typical market range of RM 400K to RM 685K.

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

Price per square foot shows a median of RM 300, though individual units vary from RM 230 to RM 369 in the core range. The broader market spans RM 244.50 to RM 354.50, indicating diverse property characteristics. The spread of RM 110.00 (IQR) and deviation of RM 69 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN KRUBONG UTAMA, Melaka Tengah, Melaka

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Transactions

8 properties found

Single Storey Terraced JLN KU 7
RM 400,000
3,175 sqft Oct 2023
RM 126.00 PSF
Double Storey Shop JALAN KRUBONG
RM 475,000
1,539 sqft Sep 2023
RM 309.00 PSF
Double Storey Terraced JALAN KU 2
RM 738,000
3,498 sqft Jun 2023
RM 211.00 PSF
Double Storey Shop JALAN TAMAN KRUBOBG UTAMA
RM 500,000
1,539 sqft May 2023
RM 325.00 PSF
Double Storey Terraced JALAN KU 18
RM 550,000
1,679 sqft May 2023
RM 328.00 PSF
Double Storey Terraced JALAN KU
RM 750,000
3,444 sqft Apr 2023
RM 218.00 PSF
Double Storey Shop JALAN KU 3
RM 500,000
1,539 sqft Mar 2023
RM 325.00 PSF
Double Storey Shop JALAN KU 3
RM 750,000
2,583 sqft Jan 2023
RM 290.00 PSF