JALAN JOHOR in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 162K and a median price per square foot (PSF) of RM 255.
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 162K, with most transactions falling within a stable range of RM 112K to RM 212K, and a typical market range of RM 107K to RM 217K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 255, with core pricing between RM 212 and RM 299. Market pricing typically extends from RM 222.38 to RM 287.63, reflecting moderate variation in unit pricing. The spread of RM 65.25 (IQR) and deviation of RM 44 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
