Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pb 8
|
RM 575,000
|
RM 273
|
2,110 sqft
|
|
|
|
Jalan Pb 6
|
RM 560,000
|
RM 265
|
2,110 sqft
|
|
|
|
Jalan Pb 5
|
RM 480,000
|
RM 228
|
2,110 sqft
|
|
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Market Snapshot
CommercialRM 235,000
RM 175 psfMedian transaction price
Taman Padang Balang, 75350 Batu Berendam, Melaka, Malaysia
MapsTaman Padang Balang in Melaka Tengah, Melaka recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 560K and a median price per square foot (PSF) of RM 265.
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 560K, with most transactions falling within a stable range of RM 518K to RM 575K, and a typical market range of RM 480K to RM 575K.
Within the Double Storey Terraced category, office lot dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 265, with most transactions between RM 246 and RM 285. The usual range is RM 198.69 to RM 332.19, showing that most units are priced quite close to each other. With an IQR of RM 133.50 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.