JALAN DATO' PALEMBANG

JALAN DATO' PALEMBANG in Melaka Tengah, Melaka recorded 5 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 84.

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 650K, with most transactions falling within a stable range of RM 380K to RM 941K, and a typical market range of RM 490K to RM 810K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 84, though individual units vary from RM 65 to RM 103 in the core range. The broader market spans RM 63.75 to RM 104.25, indicating diverse property characteristics. The spread of RM 40.50 (IQR) and deviation of RM 19 (MAD) suggest moderate price variations reflecting different property features.

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.