Area Intelligence

TMN SERI KERUBUNG FASA 2

5 properties
2023
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Median Price
RM 280,000
PSF: RM 207

Residential Market

Median Price

RM 250,000

IQR: RM 39
MAD: RM 24
RM 166 PSF 2.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 465,000

IQR: RM 26
MAD: RM 20
RM 302 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SERI KERUBUNG FASA 2 in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 207.

This area contains both residential and commercial properties. View 7 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 200K to RM 392K, and a typical market range of RM 200K to RM 383K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 207, though individual units vary from RM 135 to RM 279 in the core range. The broader market spans RM 149.00 to RM 265.00, indicating diverse property characteristics. A wider spread (IQR: RM 116.00) and deviation (MAD: RM 72) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SERI KERUBUNG FASA 2, Melaka Tengah, Melaka

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Transactions

5 properties found

Low-Cost House SK 25
RM 250,000
1,206 sqft Nov 2023
RM 207.00 PSF
Low-Cost House JALAN SRI KRUBONG 16/1
RM 280,000
2,260 sqft Sep 2023
RM 124.00 PSF
Double Storey Shop JLN SERI KRUBONG 2
RM 480,000
1,539 sqft Jun 2023
RM 312.00 PSF
Low-Cost House JALAN SRI KRUBONG 17
RM 200,000
1,206 sqft Feb 2023
RM 166.00 PSF
Double Storey Shop JLN SERI KRUBONG 2
RM 450,000
1,539 sqft Jan 2023
RM 292.00 PSF