JALAN KEE ANN

Area Intelligence

2022

Median Price

RM 1,175,000

PSF: RM 697

JALAN KEE ANN in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, priced between RM 1.00 million and RM 2.00 million, with a median price of RM 1.18 million and a median price per square foot (PSF) of RM 697.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.18 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.35 million, and a typical market range of RM 1.09 million to RM 1.26 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 697, with core pricing between RM 596 and RM 799. Market pricing typically extends from RM 569.44 to RM 824.94, reflecting moderate variation in unit pricing. With an IQR of RM 255.50 and MAD of RM 102, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN KEE ANN, Melaka Tengah, Melaka

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