TAMAN BALAI PANJANG MURNI

TAMAN BALAI PANJANG MURNI in Melaka Tengah, Melaka recorded 0 subsale transactions in 2024, sized between 2,000 and 3,000 sqft, with a median price of RM 310K and a median price per square foot (PSF) of RM 158.

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 310K, with most transactions falling within a stable range of RM 299K to RM 321K, and a typical market range of RM 284K to RM 336K.

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

The median PSF stands at RM 158, with core pricing between RM 138 and RM 179. Market pricing typically extends from RM 140.25 to RM 175.75, reflecting moderate variation in unit pricing. With an IQR of RM 35.50 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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.