Area Intelligence

TMN KRUBONG UTAMA

8 properties
2024
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Median Price
RM 455,000
PSF: RM 235

Residential Market

Median Price

RM 350,000

IQR: RM 35
MAD: RM 8
RM 214 PSF 5.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 500,000

IQR: RM 37
MAD: RM 20
RM 325 PSF 4.5%

PSF Trends (2021-2025)

TMN KRUBONG UTAMA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2024, with a median price of RM 455K and a median price per square foot (PSF) of RM 235.

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 455K, with most transactions falling within a stable range of RM 295K to RM 615K, and a typical market range of RM 295K to RM 615K.

Most transactions involved condominium/apartment, with high diversity across multiple property types.

Price per square foot shows a median of RM 235, though individual units vary from RM 170 to RM 300 in the core range. The broader market spans RM 180.00 to RM 290.00, indicating diverse property characteristics. A wider spread (IQR: RM 110.00) and deviation (MAD: RM 65) indicate significant PSF variations, likely due to diverse property types or conditions.

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

1,000 sqft
1 units Condo/Apartment
RM 200,000
1,001 sqft · RM 200.00 PSF
Jul 2024
1,550 sqft
4 units
RM 490,000
Double Storey Shop JLN KU 12
1,539 sqft · RM 318.00 PSF
Aug 2024
RM 330,000
Single Storey Terraced JLN KU 10
1,539 sqft · RM 214.00 PSF
Jul 2024
RM 600,000
Double Storey Shop JLN KU 11
1,539 sqft · RM 390.00 PSF
Jun 2024
RM 500,000
Double Storey Shop JALAN KU 12
1,539 sqft · RM 325.00 PSF
Jan 2024
1,650 sqft
1 units Single Storey Terraced
RM 350,000
JLN KU 6
1,647 sqft · RM 213.00 PSF
Mar 2024
1,900 sqft
1 units Single Storey Terraced
RM 420,000
JLN KU
1,894 sqft · RM 222.00 PSF
Jul 2024
3,000 sqft
1 units Double Storey Terraced
RM 750,000
JLN KU 1
3,025 sqft · RM 248.00 PSF
Jun 2024