TAMAN BALAI PANJANG MURNI

Area Intelligence
2023
Median Price
RM 313,000
PSF: RM 161

Residential PSF Trends

Median Price

RM 313,000

PSF: RM 161

TAMAN BALAI PANJANG MURNI in Melaka Tengah, Melaka recorded 10 subsale transactions in 2023, sized between 1,000 and 2,000 sqft, with a median price of RM 313K and a median price per square foot (PSF) of RM 161.

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 313K, with most transactions falling within a stable range of RM 304K to RM 318K, and a typical market range of RM 300K to RM 318K.

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

For price per square foot, the median is RM 161, with most transactions between RM 151 and RM 170. The usual range is RM 142.81 to RM 178.31, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BALAI PANJANG MURNI, Melaka Tengah, Melaka

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Property Transactions

10 transactions grouped by size

1,700 sqft
Single Storey Terraced
RM 300,000
JALAN KELADI 2
1,679 sqft · RM 179 PSF
1,750 sqft
Single Storey Terraced
RM 308,000
JALAN BPM
1,733 sqft · RM 178 PSF
2,000 sqft
Single Storey Terraced
RM 300,000
JALAN BPM
1,981 sqft · RM 151 PSF
RM 318,000
JALAN BPM
1,981 sqft · RM 161 PSF
RM 318,000
JALAN BPM
1,981 sqft · RM 161 PSF
RM 300,000
JALAN BPM
1,981 sqft · RM 151 PSF
RM 318,000
JALAN BPM
1,981 sqft · RM 161 PSF
RM 318,000
JALAN BPM
1,981 sqft · RM 161 PSF
RM 300,000
JALAN BPM
1,981 sqft · RM 151 PSF
RM 318,000
JALAN BPM
1,981 sqft · RM 161 PSF

No Properties For Sale

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

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