TMN PENGKALAN BALAK (RUM AWAM LONDANG)

TMN PENGKALAN BALAK (RUM AWAM LONDANG) in Alor Gajah, Melaka recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 118K and a median price per square foot (PSF) of RM 98.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 118K, with most transactions falling within a stable range of RM 85K to RM 150K, and a typical market range of RM 81K to RM 150K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 98, though individual units vary from RM 70 to RM 125 in the core range. The broader market spans RM 66.75 to RM 128.25, indicating diverse property characteristics. A wider spread (IQR: RM 61.50) and deviation (MAD: RM 28) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.