TMN PANDAN INDAH
Residential Market
Median Price
RM 450,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
196 properties
Median Price
RM 325,000
+2.5% CAGR
Median PSF
RM 343.00
+1.6% CAGR
Low-Cost Flat
108 properties
Median Price
RM 162,250
+4.9% CAGR
Median PSF
RM 272.75
+1.9% CAGR
Flat
86 properties
Median Price
RM 203,500
+12.5% CAGR
Median PSF
RM 295.00
+7.2% CAGR
Double Storey Terraced
81 properties
Median Price
RM 668,000
+8.5% CAGR
Median PSF
RM 537.00
+2.4% CAGR
Office Lot
71 properties
Median Price
RM 145,000
-15.6% CAGR
Median PSF
RM 146.00
-5.0% CAGR
Town House
48 properties
Median Price
RM 413,250
+2.3% CAGR
Median PSF
RM 443.00
+0.4% CAGR
Shop/Retail Lot
28 properties
Median Price
RM 800,000
+20.2% CAGR
Median PSF
RM 503.75
+24.5% CAGR
Low-Cost House
24 properties
Median Price
RM 377,500
+0.9% CAGR
Median PSF
RM 452.25
+0.9% CAGR
Single Storey Shop
13 properties
Median Price
RM 1,057,500
+9.0% CAGR
Median PSF
RM 812.00
+9.0% CAGR
Terraced Factory
12 properties
Median Price
RM 1,750,000
+6.3% CAGR
Median PSF
RM 874.00
+6.3% CAGR
Single Storey Terraced
6 properties
Median Price
RM 495,000
-9.9% CAGR
Median PSF
RM 365.50
+15.9% CAGR
3-Storey Storey Shop
6 properties
Median Price
RM 2,315,000
-9.4% CAGR
Median PSF
RM 1,501.50
+2.1% CAGR
Double Storey Shop
5 properties
Median Price
RM 1,640,000
+10.3% CAGR
Median PSF
RM 986.50
+10.4% CAGR
Single Storey Semi-D
2 properties
Median Price
RM 510,000
+8.2% CAGR
Median PSF
RM 161.50
+7.1% CAGR
4-Storey Storey Shop
1 properties
Median Price
RM 750,000
Median PSF
RM 774.00
Detached
1 properties
Median Price
RM 500,000
Median PSF
RM 137.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Condo/Apartment | 196 |
RM 325,000
±5K MAD
|
+2.45% |
RM 343.00
±7 MAD
|
+1.55% | |
| Low-Cost Flat | 108 |
RM 162,250
±7K MAD
|
+4.92% |
RM 272.75
±4 MAD
|
+1.88% | |
| Flat | 86 |
RM 203,500
±19K MAD
|
+12.47% |
RM 295.00
±9 MAD
|
+7.15% | |
| Double Storey Terraced | 81 |
RM 668,000
±22K MAD
|
+8.52% |
RM 537.00
±9 MAD
|
+2.43% | |
| Office Lot | 71 |
RM 145,000
±30K MAD
|
-15.63% |
RM 146.00
±26 MAD
|
-4.98% | |
| Town House | 48 |
RM 413,250
±9K MAD
|
+2.33% |
RM 443.00
±19 MAD
|
+0.36% | |
| Shop/Retail Lot | 28 |
RM 800,000
±25K MAD
|
+20.22% |
RM 503.75
±105 MAD
|
+24.51% | |
| Low-Cost House | 24 |
RM 377,500
±5K MAD
|
+0.89% |
RM 452.25
±16 MAD
|
+0.85% | |
| Single Storey Shop | 13 |
RM 1,057,500
±93K MAD
|
+8.97% |
RM 812.00
±71 MAD
|
+8.97% | |
| Terraced Factory | 12 |
RM 1,750,000
±60K MAD
|
+6.27% |
RM 874.00
±30 MAD
|
+6.27% | |
| Single Storey Terraced | 6 |
RM 495,000
±20K MAD
|
-9.93% |
RM 365.50
±16 MAD
|
+15.86% | |
| 3-Storey Storey Shop | 6 |
RM 2,315,000
±28K MAD
|
-9.42% |
RM 1,501.50
±120 MAD
|
+2.11% | |
| Double Storey Shop | 5 |
RM 1,640,000
±275K MAD
|
+10.33% |
RM 986.50
±76 MAD
|
+10.45% | |
| Single Storey Semi-D | 2 |
RM 510,000
±60K MAD
|
+8.20% |
RM 161.50
±17 MAD
|
+7.07% | |
| 4-Storey Storey Shop | 1 |
RM 750,000
|
- |
RM 774.00
|
- | |
| Detached | 1 |
RM 500,000
|
- |
RM 137.00
|
- |
TMN PANDAN INDAH in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 296.
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 450K, with most transactions falling within a stable range of RM 389K to RM 500K, and a typical market range of RM 351K to RM 500K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 296, though individual units vary from RM 210 to RM 381 in the core range. The broader market spans RM 244.25 to RM 346.75, indicating diverse property characteristics. A wider spread (IQR: RM 102.50) and deviation (MAD: RM 86) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN PI 3
|
RM 335,000
|
RM 257.00
|
1,302 sqft
|
Apr 2024
|
|
|
JLN PI 3
|
RM 465,000
|
RM 357.00
|
1,302 sqft
|
Mar 2024
|
|
|
JALAN PI 3
|
RM 435,000
|
RM 334.00
|
1,302 sqft
|
Jan 2024
|
|
JLN PI 3
|
RM 500,000
|
RM 137.00
|
3,638 sqft
|
Jul 2024
|