TAMAN PADANG BALANG

TAMAN PADANG BALANG in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 370K and a median price per square foot (PSF) of RM 268.

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 370K, with most transactions falling within a stable range of RM 360K to RM 728K, and a typical market range of RM 360K to RM 546K.

Most transactions involved office lot, with high diversity across multiple property types.

For price per square foot, the median is RM 268, with most transactions between RM 258 and RM 278. The usual range is RM 201.25 to RM 334.75, showing that most units are priced quite close to each other. With an IQR of RM 133.50 and MAD of RM 10, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.