Area Intelligence

JALAN DATO' PALEMBANG

3 properties
2024
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Median Price
RM 618,000
PSF: RM 68

Residential Market

Median Price

RM 618,000

IQR: RM 41
MAD: RM 20
RM 68 PSF 10.1%

PSF Trends (2021-2025)

JALAN DATO' PALEMBANG in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 618K and a median price per square foot (PSF) of RM 68.

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 618K, with most transactions falling within a stable range of RM 500K to RM 737K, and a typical market range of RM 500K to RM 778K.

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

Price per square foot shows a median of RM 68, though individual units vary from RM 6 to RM 130 in the core range. The broader market spans RM 47.75 to RM 88.25, indicating diverse property characteristics. A wider spread (IQR: RM 40.50) and deviation (MAD: RM 62) 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.

Area Location

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JALAN DATO' PALEMBANG, Melaka Tengah, Melaka

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Transactions

3 properties found

Double Storey Semi-D KM 5.5, JLN PADANG JAMBU, BKT BARU
RM 790,000
4,123 sqft Jun 2024
RM 192.00 PSF
Detached JALAN DATUK PALEMBANG, BUKIT BARU
RM 618,000
9,061 sqft Apr 2024
RM 68.00 PSF
Detached JLN DATO PALEMBANG
RM 500,000
9,243 sqft Jan 2024
RM 54.00 PSF