JALAN PANJANG

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 239

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 253

Commercial PSF Trends

Median Price

RM 600,000

RM 210 PSF

JALAN PANJANG in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 239.

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 450K, with most transactions falling within a stable range of RM 359K to RM 541K, and a typical market range of RM 350K to RM 553K.

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

Price per square foot shows a median of RM 239, though individual units vary from RM 178 to RM 300 in the core range. The broader market spans RM 207.50 to RM 270.50, indicating diverse property characteristics. A wider spread (IQR: RM 63.00) and deviation (MAD: RM 61) indicate significant PSF variations, likely due to diverse property types or conditions.

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

OSM

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Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 600,000

JALAN SEMABOK

2,852 sqft • RM 210.00 PSF

Dec 2023

RM 450,000

JALAN PANJANG

1,651 sqft • RM 273.00 PSF

Jul 2023

RM 350,000

JALAN LAKSAMANA CHENG HO

3,480 sqft • RM 101.00 PSF

May 2023

RM 380,000

LORONG 2

1,500 sqft • RM 253.00 PSF

Apr 2023

RM 570,000

JALAN PANJANG

1,976 sqft • RM 288.00 PSF

Apr 2023

RM 450,000

JALAN PANJANG

1,998 sqft • RM 225.00 PSF

Apr 2023

Road	Price	Land PSF	Land	Date	Type
JALAN SEMABOK	RM 600,000	RM 210.00	2,852 sqft	Dec 2023	Double Storey Shop
JALAN PANJANG	RM 450,000	RM 273.00	1,651 sqft	Jul 2023	Double Storey Semi-D
JALAN LAKSAMANA CHENG HO	RM 350,000	RM 101.00	3,480 sqft	May 2023	Single Storey Semi-D
LORONG 2	RM 380,000	RM 253.00	1,500 sqft	Apr 2023	Single Storey Terraced
JALAN PANJANG	RM 570,000	RM 288.00	1,976 sqft	Apr 2023	Double Storey Semi-D
JALAN PANJANG	RM 450,000	RM 225.00	1,998 sqft	Apr 2023	Double Storey Semi-D