Area Intelligence

TMN PADANG BALANG

4 properties
Office Lot
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Median Price
RM 100,000
PSF: RM 145

Residential Market

Median Price

RM 567,500

IQR: RM 70
MAD: RM 31
RM 338 PSF 10.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 100,000

IQR: RM 127
MAD: RM 63
RM 145 PSF 31.9%

PSF Trends (2021-2025)

TMN PADANG BALANG in Melaka Tengah, Melaka recorded 4 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 100K and a median price per square foot (PSF) of RM 145.

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 100K, with most transactions falling within a stable range of RM 93K to RM 218K, and a typical market range of RM 93K to RM 276K.

Within the Office Lot category, office lot dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 145, though individual units vary from RM 82 to RM 207 in the core range. The broader market spans RM 77.75 to RM 211.25, indicating diverse property characteristics. A wider spread (IQR: RM 133.50) and deviation (MAD: RM 63) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

4 properties grouped by size

650 sqft
1 units Office Lot
RM 100,000
657 sqft · RM 152.00 PSF
Apr 2023
700 sqft
1 units Office Lot
RM 93,000
678 sqft · RM 137.00 PSF
Jan 2022
900 sqft
1 units Office Lot
RM 100,000
893 sqft · RM 112.00 PSF
Sep 2023
1,350 sqft
1 units Office Lot
RM 370,000
1,345 sqft · RM 275.00 PSF
Jun 2024