TMN BALAI PANJANG MURNI

TMN BALAI PANJANG MURNI in Melaka Tengah, Melaka recorded 13 subsale transactions in 2023, with a median price of RM 318K 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 318K, with most transactions falling within a stable range of RM 300K to RM 344K, and a typical market range of RM 303K to RM 333K.

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

The median PSF stands at RM 161, with core pricing between RM 139 and RM 183. Market pricing typically extends from RM 142.00 to RM 180.00, reflecting moderate variation in unit pricing. With an IQR of RM 38.00 and MAD of RM 22, 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.