TMN PADANG BALANG Property Investment Analysis

Bt Berendam, Melaka Tengah, Melaka

Median Price
RM 370,000
CAGR
+25.5%
Median PSF
RM 268.00
CAGR
+23.8%
Transactions
11
Period
2022-2024

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

11 found
2 - 2 1/2 Storey Semi-Detached
JALAN PB 8
RM 1,125,000
PSF: RM 252.00
Area: 4,467 sqft
Date: Jul 2024
Office Lot
RM 370,000
PSF: RM 275.00
Area: 1,345 sqft
Date: Jun 2024
Shop Unit/Retail Lot
RM 360,000
PSF: RM 268.00
Area: 1,345 sqft
Date: Mar 2024
Shop Unit/Retail Lot
RM 380,000
PSF: RM 282.00
Area: 1,345 sqft
Date: Oct 2023
Office Lot
RM 100,000
PSF: RM 112.00
Area: 893 sqft
Date: Sep 2023
2 - 2 1/2 Storey Terraced
JALAN PB 8
RM 575,000
PSF: RM 374.00
Area: 1,539 sqft
Date: Jun 2023
2 - 2 1/2 Storey Terraced
JALAN PB 6
RM 560,000
PSF: RM 364.00
Area: 1,539 sqft
Date: May 2023
Office Lot
RM 100,000
PSF: RM 152.00
Area: 657 sqft
Date: Apr 2023
2 - 2 1/2 Storey Terraced
JALAN PB 5
RM 480,000
PSF: RM 312.00
Area: 1,539 sqft
Date: Dec 2022
Shop Unit/Retail Lot
RM 235,000
PSF: RM 175.00
Area: 1,345 sqft
Date: Jul 2022
Office Lot
RM 93,000
PSF: RM 137.00
Area: 678 sqft
Date: Jan 2022