Area Intelligence

JALAN DATO' PALEMBANG

1 properties
2021
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Median Price
RM 450,000
PSF: RM 51

Residential Market

Median Price

RM 450,000

IQR: RM 41
MAD: RM 20
RM 51 PSF 10.1%

PSF Trends (2021-2025)

JALAN DATO' PALEMBANG in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 450K and a median price per square foot (PSF) of RM 51.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 51, with most transactions between RM 51 and RM 51. The usual range is RM 30.75 to RM 71.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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

1 properties grouped by size

8,850 sqft
1 units Detached
RM 450,000
JALAN DATUK PALEMBANG
8,843 sqft · RM 51.00 PSF
Dec 2021