JALAN JOHOR

JALAN JOHOR in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 305.

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 400K, with most transactions falling within a stable range of RM 350K to RM 531K, and a typical market range of RM 350K to RM 455K.

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

The median PSF stands at RM 305, with core pricing between RM 259 and RM 351. Market pricing typically extends from RM 272.38 to RM 337.63, reflecting moderate variation in unit pricing. With an IQR of RM 65.25 and MAD of RM 46, 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.