JALAN JOHOR

JALAN JOHOR in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 334K and a median price per square foot (PSF) of RM 243.

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 334K, with most transactions falling within a stable range of RM 300K to RM 368K, and a typical market range of RM 300K to RM 368K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 243, with core pricing between RM 218 and RM 268. Market pricing typically extends from RM 210.38 to RM 275.63, reflecting moderate variation in unit pricing. With an IQR of RM 65.25 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

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.