TMN BALAI PANJANG INDAH

TMN BALAI PANJANG INDAH in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 398K and a median price per square foot (PSF) of RM 110.

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 398K, with most transactions falling within a stable range of RM 375K to RM 420K, and a typical market range of RM 375K to RM 420K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 110, with most transactions between RM 103 and RM 117. The usual range is RM 74.50 to RM 145.50, showing that most units are priced quite close to each other. With an IQR of RM 71.00 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.