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TMN PADANG BALANG

Melaka Tengah, Melaka · Commercial · 11 recorded sales, Jan 2022 to Jul 2024

No sale recorded since Jul 2024Office Lot · 42 - 2 1/2 Storey Terraced · 3Shop Unit/Retail Lot · 3
RM 269psf median, against main floor area · 4 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 256312 psf
Median price
RM 370,000
Price range
RM 93kRM 1.13m
Main floor area
2,1072,625 sq ft
Land area
6574,467 sq ft
Median price per sq ft of land
RM 268

Median of 4 sales that carry a usable area, out of 11 on record — NAPIC published no area for the other 7, so they have no psf. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,346 sq ft against 2,107. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Jul 2024. Last on record: 13 Jul 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20223 · RM 228 psf
20235 · RM 269 psf
20243 · RM 429 psf

Quarterly medians · not a price trend

2043284532022 Q4 — RM 228 psf, 1 sale2023 Q2 — RM 269 psf, 2 sales2024 Q3 — RM 429 psf, 1 sale
2022 Q42024 Q3
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Melaka long or clean enough to state a direction, so this page states none.

Distribution · 4 priced sales

RM 230–244 psf — 1 saleRM 244–257 psf — 0 salesRM 257–271 psf — 1 saleRM 271–284 psf — 1 saleRM 284–298 psf — 0 salesRM 298–311 psf — 0 salesRM 311–325 psf — 0 salesRM 325–338 psf — 0 salesRM 338–352 psf — 0 salesRM 352–365 psf — 0 salesRM 365–379 psf — 0 salesRM 379–392 psf — 0 salesRM 392–406 psf — 0 salesRM 406–419 psf — 1 sale
RM 230RM 419 psf

Each bar counts sales in a RM 14 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 11 of 11

DateTypeFloorArea (sq ft)PricepsfTenure
13 Jul 20242 - 2 1/2 Storey Semi-Detached2,625RM 1,125,000429Freehold
25 Jun 2024Office Lot1RM 370,000Leasehold
15 Mar 2024Shop Unit/Retail Lot1RM 360,000Leasehold
13 Oct 2023Shop Unit/Retail Lot1RM 380,000Leasehold
15 Sep 2023Office Lot2RM 100,000Leasehold
19 Jun 20232 - 2 1/2 Storey Terraced2,107RM 575,000273Freehold
12 May 20232 - 2 1/2 Storey Terraced2,107RM 560,000266Freehold
20 Apr 2023Office Lot3RM 100,000Leasehold
15 Dec 20222 - 2 1/2 Storey Terraced2,107RM 480,000228Freehold
8 Jul 2022Shop Unit/Retail Lot1RM 235,000Leasehold
3 Jan 2022Office Lot3RM 93,000Leasehold

Tenure across all 11 sales: Leasehold 7 · Freehold 4.

Others in Melaka Tengah · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.