Area Intelligence

TMN AYER KEROH HEIGHT

5 properties
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Median Price
RM 750,000
PSF: RM 487

Commercial Market

Median Price

RM 750,000

IQR: RM 233
MAD: RM 87
RM 487 PSF 19.8%

PSF Trends (2021-2025)

TMN AYER KEROH HEIGHT in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 750K and a median price per square foot (PSF) of RM 487.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 750K, with most transactions falling within a stable range of RM 380K to RM 1.12 million, and a typical market range of RM 560K to RM 940K.

Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 487, with core pricing between RM 400 and RM 574. Market pricing typically extends from RM 370.50 to RM 603.50, reflecting moderate variation in unit pricing. The spread of RM 233.00 (IQR) and deviation of RM 87 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN AYER KEROH HEIGHT, Melaka Tengah, Melaka

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Transactions

5 properties grouped by size

1,300 sqft
2 units Single Storey Shop
RM 380,000
JALAN UTAMA
1,324 sqft · RM 287.00 PSF
Jun 2024
RM 330,000
JLN UTAMA
1,324 sqft · RM 249.00 PSF
Feb 2024
1,450 sqft
1 units Double Storey Shop
RM 750,000
LORONG SETIA 1
1,442 sqft · RM 520.00 PSF
May 2021
1,550 sqft
1 units 3-Storey Storey Shop
RM 760,000
JALAN KOMERSIAL TAKH 2
1,561 sqft · RM 487.00 PSF
May 2023
3,000 sqft
1 units Double Storey Shop
RM 1,710,000
LORONG SETIA 1
2,982 sqft · RM 574.00 PSF
Feb 2022