Median price (last 12 months)
RM 310,000
Median price, 12-month change
+0.0%
Median RM/sqft
RM 306
Transactions (last 12 months)
136
Recorded since 2010
1,882
Half of all transactions closed between RM 280k and RM 392k (interquartile range, May 2025 - May 2026).
Prices by property type (last 12 months)
| Property type | Median price | Typical range (25th-75th) | Median RM/sqft | Transactions |
|---|---|---|---|---|
| High-rise (condo & apartment) | RM 52,330 | RM 42k - RM 128k | RM 84 | 14 |
| Landed homes | RM 310,000 | RM 280k - RM 387k | RM 313 | 112 |
| Shops & commercial | RM 675,000 | RM 521k - RM 868k | RM 199 | 10 |
Median price by year
| Year | Median price | Median RM/sqft | Transactions | |
|---|---|---|---|---|
| 2026 | RM 363,000 | RM 300 | 23 | |
| 2025 | RM 300,000 | RM 311 | 187 | |
| 2024 | RM 312,000 | RM 313 | 146 | |
| 2023 | RM 290,000 | RM 284 | 219 | |
| 2022 | RM 300,000 | RM 257 | 153 | |
| 2021 | RM 300,000 | RM 514 | 136 | |
| 2020 | RM 240,000 | RM 196 | 84 | |
| 2019 | RM 237,500 | RM 238 | 90 | |
| 2018 | RM 227,500 | RM 228 | 122 | |
| 2017 | RM 225,000 | RM 235 | 219 | |
| 2016 | RM 199,000 | RM 212 | 153 | |
| 2015 | RM 170,000 | RM 186 | 350 |
Most transacted schemes in Balai Panjang
Named taman, condominium and industrial schemes in Balai Panjang with the most recorded sales over the last 12 months.
| Scheme | Type | Transactions | Median price | Median RM/sqft |
|---|---|---|---|---|
| Tmn Malim Jaya | Terrace | 43 | RM 280,000 | RM 283 |
| Tmn Pokok Mangga | Terrace | 24 | RM 358,000 | RM 361 |
| Tmn Seri Mangga Sek. 1 | Terrace | 12 | RM 300,000 | RM 333 |
| Tmn Asean | Terrace | 12 | RM 417,500 | RM 312 |
| Rum Pangsa Kampong Padang | Apartment | 8 | RM 42,000 | RM 79 |
| Tmn Gadong Bahagia | Terrace | 6 | RM 322,500 | RM 348 |
| Malim Business Park (Plaza Pandan Malim) | Kedai/pejabat-tengah | 5 | RM 830,000 | RM 193 |
Latest recorded transactions
The 20 most recent sales recorded by JPPH in Balai Panjang. Buyer and seller details are never shown.
| Date | Scheme / location | Type | Tenure | Built-up | Price | RM/sqft |
|---|---|---|---|---|---|---|
| May 2026 | Tmn Asean | Terrace | Freehold | 935 sqft | RM 430,000 | RM 460 |
| Apr 2026 | Tmn Seri Mangga Sek. 1 | Terrace | Leasehold | 912 sqft | RM 285,000 | RM 312 |
| Apr 2026 | Tmn Asean | Rumah kluster | Freehold | 1,280 sqft | RM 415,000 | RM 324 |
| Apr 2026 | Rum Pangsa Kampong Padang | Apartment | Leasehold | 517 sqft | RM 35,000 | RM 68 |
| Apr 2026 | Tmn Pandan Jaya | Terrace | Freehold | 1,673 sqft | RM 431,000 | RM 258 |
| Apr 2026 | Rum Pangsa Kampong Padang | Apartment | Leasehold | 538 sqft | RM 42,660 | RM 79 |
| Mar 2026 | Tmn Pokok Mangga | Terrace | Freehold | 1,077 sqft | RM 420,750 | RM 391 |
| Mar 2026 | Malim Business Park (Plaza Pandan Malim) | Kedai/pejabat-tengah | Leasehold | 4,293 sqft | RM 880,000 | RM 205 |
| Mar 2026 | Tmn Pokok Mangga | Terrace | Freehold | 1,078 sqft | RM 325,000 | RM 301 |
| Mar 2026 | Malim Business Park (Plaza Pandan Malim) | Kedai/pejabat-tengah | Leasehold | 3,900 sqft | RM 385,000 | RM 99 |
| Mar 2026 | Rum Pangsa Kampong Padang | Apartment | Leasehold | 517 sqft | RM 120,000 | RM 232 |
| Mar 2026 | Tmn Pandan Jaya Sek 1 (Hai Choon Dev) | Semi-D | Freehold | 2,050 sqft | RM 634,000 | RM 309 |
| Feb 2026 | Tmn Asean | Terrace | Freehold | 787 sqft | RM 310,000 | RM 394 |
| Feb 2026 | Pangsapuri Malim | Apartment | Freehold | 710 sqft | RM 62,000 | RM 87 |
| Feb 2026 | Malim Business Park (Plaza Pandan Malim) | Kedai/pejabat-tengah | Leasehold | 4,293 sqft | RM 830,000 | RM 193 |
| Feb 2026 | Rum Pangsa Kampong Padang | Apartment | Leasehold | 517 sqft | RM 42,000 | RM 81 |
| Jan 2026 | Tmn Asean | Terrace | Freehold | 2,060 sqft | RM 800,000 | RM 388 |
| Jan 2026 | Tmn Asean | Apartment | Freehold | 883 sqft | RM 180,000 | RM 204 |
| Jan 2026 | Tmn Seri Mangga Sek.1 | Kedai/kediaman-tengah | Freehold | 4,903 sqft | RM 1,140,000 | RM 233 |
| Jan 2026 | Tmn Pokok Mangga | Terrace | Freehold | 1,078 sqft | RM 363,000 | RM 337 |
Frequently asked questions
What is the median property price in Balai Panjang?▼
The median transacted property price in Balai Panjang, Melaka is RM 310,000 (RM 306 per sqft), based on 136 sales recorded by JPPH in the last 12 months, up 0.0% on the 12 months before.
How much do high-rise properties cost in Balai Panjang?▼
The median transacted price for high-rise (condo & apartment) in Balai Panjang is RM 52,330 over the last 12 months, with half of sales between RM 42,000 and RM 127,500 (14 transactions).
How much do landed homes properties cost in Balai Panjang?▼
The median transacted price for landed homes in Balai Panjang is RM 310,000 over the last 12 months, with half of sales between RM 280,000 and RM 387,488 (112 transactions).
How many property transactions were recorded in Balai Panjang?▼
JPPH records show 136 transactions in Balai Panjang in the last 12 months, and 1,882 since 2010. The most recent recorded transaction was in May 2026.
Are these asking prices or actual sale prices?▼
Actual sale prices. Every figure on this page comes from transactions recorded with JPPH for Balai Panjang, Melaka - not from listing asking prices.
Source: JPPH / NAPIC public property transaction records, most recent recorded transaction May 2026. Figures are computed from recorded sale considerations of building transactions (residential, commercial and industrial); vacant land, development-land and agricultural deals are excluded, and buyer and seller details are never shown. Medians describe the mix of properties actually sold in the period - they are a market guide, not a valuation of any specific property. Registered agents can search the full records in the Rummah transactions tool.