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 grouped by size

1,550 sqft
3 units Double Storey Shop
RM 475,000
JALAN KRUBONG
1,539 sqft · RM 309.00 PSF
Sep 2023
RM 500,000
JALAN TAMAN KRUBOBG UTAMA
1,539 sqft · RM 325.00 PSF
May 2023
RM 500,000
JALAN KU 3
1,539 sqft · RM 325.00 PSF
Mar 2023
1,700 sqft
1 units Double Storey Terraced
RM 550,000
JALAN KU 18
1,679 sqft · RM 328.00 PSF
May 2023
2,600 sqft
1 units Double Storey Shop
RM 750,000
JALAN KU 3
2,583 sqft · RM 290.00 PSF
Jan 2023
3,200 sqft
1 units Single Storey Terraced
RM 400,000
JLN KU 7
3,175 sqft · RM 126.00 PSF
Oct 2023
3,450 sqft
1 units Double Storey Terraced
RM 750,000
JALAN KU
3,444 sqft · RM 218.00 PSF
Apr 2023
3,500 sqft
1 units Double Storey Terraced
RM 738,000
JALAN KU 2
3,498 sqft · RM 211.00 PSF
Jun 2023