Area Intelligence

TMN AYER KEROH HEIGHT

2 properties
Double Storey Shop
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Median Price
RM 1,230,000
PSF: RM 547

Commercial Market

Median Price

RM 1,230,000

IQR: RM 233
MAD: RM 87
RM 547 PSF 19.8%

PSF Trends (2021-2025)

TMN AYER KEROH HEIGHT in Melaka Tengah, Melaka recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.23 million and a median price per square foot (PSF) of RM 547.

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 1.23 million, with most transactions falling within a stable range of RM 750K to RM 1.71 million, and a typical market range of RM 1.04 million to RM 1.42 million.

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

For price per square foot, the median is RM 547, with most transactions between RM 520 and RM 574. The usual range is RM 430.50 to RM 663.50, showing that most units are priced quite close to each other. With an IQR of RM 233.00 and MAD of RM 27, 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.

Area Location

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TMN AYER KEROH HEIGHT, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

1,450 sqft
1 units Double Storey Shop
RM 750,000
LORONG SETIA 1
1,442 sqft · RM 520.00 PSF
May 2021
3,000 sqft
1 units Double Storey Shop
RM 1,710,000
LORONG SETIA 1
2,982 sqft · RM 574.00 PSF
Feb 2022