TMN PADANG BALANG Property Investment Analysis
TMN PADANG BALANG in Melaka Tengah, Melaka recorded 11 subsale transactions between 2021 and 2025, 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 180K to RM 560K, and a typical market range of RM 194K to RM 546K.
Most transactions involved office lot, with high diversity across multiple property types.
Price per square foot shows a median of RM 268, though individual units vary from RM 175 to RM 361 in the core range. The broader market spans RM 201.25 to RM 334.75, indicating diverse property characteristics. A wider spread (IQR: RM 133.50) and deviation (MAD: RM 93) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
2 - 2 1/2 Storey Semi-Detached |
JALAN PB 8
|
RM 1,125,000
|
RM 252.00
|
4,467 sqft
|
Jul 2024
|
Office Lot |
|
RM 370,000
|
RM 275.00
|
1,345 sqft
|
Jun 2024
|
Shop Unit/Retail Lot |
|
RM 360,000
|
RM 268.00
|
1,345 sqft
|
Mar 2024
|
Shop Unit/Retail Lot |
|
RM 380,000
|
RM 282.00
|
1,345 sqft
|
Oct 2023
|
Office Lot |
|
RM 100,000
|
RM 112.00
|
893 sqft
|
Sep 2023
|
2 - 2 1/2 Storey Terraced |
JALAN PB 8
|
RM 575,000
|
RM 374.00
|
1,539 sqft
|
Jun 2023
|
2 - 2 1/2 Storey Terraced |
JALAN PB 6
|
RM 560,000
|
RM 364.00
|
1,539 sqft
|
May 2023
|
Office Lot |
|
RM 100,000
|
RM 152.00
|
657 sqft
|
Apr 2023
|
2 - 2 1/2 Storey Terraced |
JALAN PB 5
|
RM 480,000
|
RM 312.00
|
1,539 sqft
|
Dec 2022
|
Shop Unit/Retail Lot |
|
RM 235,000
|
RM 175.00
|
1,345 sqft
|
Jul 2022
|
Office Lot |
|
RM 93,000
|
RM 137.00
|
678 sqft
|
Jan 2022
|