TMN BALAI PANJANG MURNI

TMN BALAI PANJANG MURNI in Melaka Tengah, Melaka recorded 22 subsale transactions in 2022, with a median price of RM 305K and a median price per square foot (PSF) of RM 153.

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 305K, with most transactions falling within a stable range of RM 270K to RM 356K, and a typical market range of RM 290K to RM 320K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 153, with core pricing between RM 124 and RM 182. Market pricing typically extends from RM 134.00 to RM 172.00, reflecting moderate variation in unit pricing. The spread of RM 38.00 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.