TMN BALAI PANJANG INDAH Property Investment Analysis

Balai Panjang, Melaka Tengah, Melaka

Median Price
RM 290,000
CAGR
-14.6%
Median PSF
RM 188.00
CAGR
+30.7%
Transactions
5
Period
2022-2025

TMN BALAI PANJANG INDAH in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 290K and a median price per square foot (PSF) of RM 188.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 188, with most transactions between RM 188 and RM 188. The usual range is RM 152.50 to RM 223.50, showing that most units are priced quite close to each other. With an IQR of RM 71.00 and MAD of RM 0, 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.

ADVANCED FILTERS

TRANSACTIONS

5 found
1 - 1 1/2 Storey Terraced
JLN BPI 2
RM 290,000
PSF: RM 188.00
Area: 1,539 sqft
Date: Jan 2025
1 - 1 1/2 Storey Terraced
JLN BPI 2
RM 290,000
PSF: RM 188.00
Area: 1,539 sqft
Date: Mar 2024
1 - 1 1/2 Storey Terraced
JLN BPI 2
RM 290,000
PSF: RM 188.00
Area: 1,539 sqft
Date: Sep 2023
1 - 1 1/2 Storey Semi-Detached
JALAN BALAI PANJANG INDAH 1
RM 420,000
PSF: RM 103.00
Area: 4,069 sqft
Date: May 2022
1 - 1 1/2 Storey Semi-Detached
JALAN BALAI PANJANG INDAH 2
RM 375,000
PSF: RM 117.00
Area: 3,197 sqft
Date: Jan 2022