TMN AYER KEROH HEIGHT
Commercial Market
Median Price
RM 355,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Shop
2 properties
Median Price
RM 355,000
Median PSF
RM 268.00
Double Storey Shop
2 properties
Median Price
RM 1,230,000
+128.0% CAGR
Median PSF
RM 547.00
+10.4% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 760,000
Median PSF
RM 487.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Shop | 2 |
RM 355,000
|
- |
RM 268.00
|
- | |
Double Storey Shop | 2 |
RM 1,230,000
±480K MAD
|
+128.00% |
RM 547.00
±27 MAD
|
+10.38% | |
3-Storey Storey Shop | 1 |
RM 760,000
|
- |
RM 487.00
|
- |
TMN AYER KEROH HEIGHT in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 355K and a median price per square foot (PSF) of RM 268.
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 355K, with most transactions falling within a stable range of RM 330K to RM 380K, and a typical market range of RM 330K to RM 380K.
Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 268, with most transactions between RM 249 and RM 287. The usual range is RM 151.50 to RM 384.50, showing that most units are priced quite close to each other. With an IQR of RM 233.00 and MAD of RM 19, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Single Storey Shop |
JALAN UTAMA
|
RM 380,000
|
RM 287.00
|
1,324 sqft
|
Jun 2024
|
Single Storey Shop |
JLN UTAMA
|
RM 330,000
|
RM 249.00
|
1,324 sqft
|
Feb 2024
|