TAMAN BALAI PANJANG MURNI

Area Intelligence
2022
Median Price
RM 305,000
PSF: RM 153

Residential PSF Trends

Median Price

RM 305,000

PSF: RM 153

TAMAN BALAI PANJANG MURNI in Melaka Tengah, Melaka recorded 22 subsale transactions in 2022, with a median price of RM 305K and a median price per square foot (PSF) of RM 153.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 305K, with most transactions falling within a stable range of RM 270K to RM 356K, and a typical market range of RM 279K to RM 331K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 153, with core pricing between RM 124 and RM 182. Market pricing typically extends from RM 135.41 to RM 170.91, reflecting moderate variation in unit pricing. The spread of RM 35.50 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

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TAMAN BALAI PANJANG MURNI, Melaka Tengah, Melaka

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Property Transactions

22 transactions grouped by road

1,399 - 3,574 sqft
RM 390,000
3,401 sqft
RM 115 PSF · Single Storey Terraced
RM 371,000
3,348 sqft
RM 111 PSF · Single Storey Terraced
RM 300,000
1,981 sqft
RM 151 PSF · Single Storey Terraced
RM 450,000
3,197 sqft
RM 141 PSF · Single Storey Semi-D
RM 398,000
3,574 sqft
RM 111 PSF · Single Storey Terraced
RM 397,000
3,541 sqft
RM 112 PSF · Single Storey Terraced
RM 330,000
2,626 sqft
RM 126 PSF
RM 370,000
2,626 sqft
RM 141 PSF
RM 270,000
1,399 sqft
RM 193 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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