|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Lorong Banda Kaba
|
RM 550,000
|
RM 265
|
2,077 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Banda Kaba
|
RM 400,000
|
RM 193
|
2,077 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 475,000
RM 229 psfMedian transaction price
Jln Panjang, 75000 Melaka, Malaysia
MapsJalan Panjang in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 2,075 and 2,124 sqft, with a median price of RM 475K and a median price per square foot (PSF) of RM 229.
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 475K, with most transactions falling within a stable range of RM 400K to RM 550K, and a typical market range of RM 400K to RM 550K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 229, with core pricing between RM 193 and RM 265. Market pricing typically extends from RM 197.15 to RM 260.15, reflecting moderate variation in unit pricing. The spread of RM 63.00 (IQR) and deviation of RM 36 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.