Area Intelligence

TMN PADANG BALANG

3 properties
Double Storey Terraced
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Median Price
RM 560,000
PSF: RM 364

Residential Market

Median Price

RM 560,000

IQR: RM 70
MAD: RM 31
RM 364 PSF 10.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 235,000

IQR: RM 127
MAD: RM 63
RM 175 PSF 31.9%

PSF Trends (2021-2025)

TMN PADANG BALANG in Melaka Tengah, Melaka recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 560K and a median price per square foot (PSF) of RM 364.

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 560K, with most transactions falling within a stable range of RM 518K to RM 575K, and a typical market range of RM 480K to RM 575K.

Within the Double Storey Terraced category, office lot dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 364, with most transactions between RM 337 and RM 391. The usual range is RM 297.25 to RM 430.75, showing that most units are priced quite close to each other. With an IQR of RM 133.50 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN PADANG BALANG, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

1,550 sqft
3 units Double Storey Terraced
RM 575,000
JALAN PB 8
1,539 sqft · RM 374.00 PSF
Jun 2023
RM 560,000
JALAN PB 6
1,539 sqft · RM 364.00 PSF
May 2023
RM 480,000
JALAN PB 5
1,539 sqft · RM 312.00 PSF
Dec 2022