Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 370,000
|
RM 275
|
1,345 sqft
|
|
Office |
|
Level 1
|
RM 360,000
|
RM 268
|
1,345 sqft
|
|
Shop |
|
Level 1
|
RM 380,000
|
RM 282
|
1,345 sqft
|
|
Shop |
|
Jalan Pb 8
|
RM 575,000
|
RM 273
|
2,110 sqft
|
|
|
|
Jalan Pb 6
|
RM 560,000
|
RM 265
|
2,110 sqft
|
|
|
Jalan Pb 8
|
RM 1,125,000
|
RM 252
|
4,467 sqft
|
|
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Market Snapshot
CommercialRM 360,000
RM 268 psfMedian transaction price
Taman Padang Balang, 75350 Batu Berendam, Melaka, Malaysia
MapsTaman Padang Balang in Melaka Tengah, Melaka recorded 8 subsale transactions between 2021 and 2026, with a median price of RM 375K and a median price per square foot (PSF) of RM 267.
This area contains both residential and commercial properties. View 4 residential properties or 7 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 100K to RM 681K, and a typical market range of RM 199K to RM 551K.
Most transactions involved office lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 267, though individual units vary from RM 206 to RM 327 in the core range. The broader market spans RM 199.75 to RM 333.25, indicating diverse property characteristics. The spread of RM 133.50 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.