| Road | Price | PSF | Size | Date | Type |
|---|
|
Km 5.5, Jalan Padang Jambu, Bkt Baru
|
RM 790,000
|
RM 192
|
4,123 sqft
|
|
|
|
Km 5.5
|
RM 900,000
|
RM 218
|
4,123 sqft
|
|
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Market Snapshot
ResidentialRM 845,000
RM 205 psfMedian transaction price
Jalan Datuk Palembang, 75150 Melaka, Malaysia
MapsJalan Dato' Palembang in Melaka Tengah, Melaka recorded 2 Double Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 845K and a median price per square foot (PSF) of RM 205.
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 845K, with most transactions falling within a stable range of RM 790K to RM 900K, and a typical market range of RM 790K to RM 900K.
Within the Double Storey Semi-D category, detached dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 205, with most transactions between RM 192 and RM 218. The usual range is RM 182.72 to RM 227.22, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.50 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.