Melaka
Melaka Tengah
Balai Panjang
TAMAN PANDAN MALIM

TAMAN PANDAN MALIM

Area Intelligence

2022

Median Price

RM 547,500

PSF: RM 276

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Residential PSF Trends

Median Price

RM 547,500

PSF: RM 276

TAMAN PANDAN MALIM in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, priced between RM 500K and RM 1.00 million, with a median price of RM 548K and a median price per square foot (PSF) of RM 276.

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 548K, with most transactions falling within a stable range of RM 545K to RM 550K, and a typical market range of RM 545K to RM 550K.

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

For price per square foot, the median is RM 276, with most transactions between RM 275 and RM 278. The usual range is RM 261.44 to RM 291.44, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 1 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 PANDAN MALIM, Melaka Tengah, Melaka

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