Area Intelligence

TMN SERI PANDAN-PDN JAYA (LRG PANDAN)

2 properties
2022
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Median Price
RM 255,000
PSF: RM 135

Residential Market

Median Price

RM 255,000

IQR: RM 57
MAD: RM 26
RM 135 PSF 13.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SERI PANDAN-PDN JAYA (LRG PANDAN) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 255K and a median price per square foot (PSF) of RM 135.

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 255K, with most transactions falling within a stable range of RM 230K to RM 280K, and a typical market range of RM 230K to RM 280K.

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

Price per square foot shows a median of RM 135, though individual units vary from RM 88 to RM 182 in the core range. The broader market spans RM 106.38 to RM 163.63, indicating diverse property characteristics. A wider spread (IQR: RM 57.25) and deviation (MAD: RM 47) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN SERI PANDAN-PDN JAYA (LRG PANDAN), Melaka Tengah, Melaka

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Transactions

2 properties found

Low-Cost House JLN PANDAN JAYA 2/7
RM 230,000
2,605 sqft Dec 2022
RM 88.00 PSF
Single Storey Terraced JLN PANDAN JAYA 2/1
RM 280,000
1,539 sqft Nov 2022
RM 182.00 PSF