JALAN PANJANG

Area Intelligence

2024

Median Price

RM 441,500

PSF: RM 175

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Residential PSF Trends

Median Price

RM 441,500

PSF: RM 175

JALAN PANJANG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 442K and a median price per square foot (PSF) of RM 175.

This area contains both residential and commercial properties. View 12 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 442K, with most transactions falling within a stable range of RM 300K to RM 583K, and a typical market range of RM 339K to RM 544K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 175, with most transactions between RM 166 and RM 185. The usual range is RM 143.86 to RM 206.86, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 9, 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.

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JALAN PANJANG, Melaka Tengah, Melaka

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