TMN AYER KEROH HEIGHT
Commercial Market
Median Price
RM 1,230,000
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 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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG SETIA 1
|
RM 750,000
|
RM 520.00
|
1,442 sqft
|
May 2021
|
LORONG SETIA 1
|
RM 1,710,000
|
RM 574.00
|
2,982 sqft
|
Feb 2022
|