JALAN PANJANG

Area Intelligence

2022

Median Price

RM 380,000

PSF: RM 258

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 242

Commercial PSF Trends

Median Price

RM 570,000

RM 341 PSF

JALAN PANJANG in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 258.

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.

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

The median PSF stands at RM 258, with core pricing between RM 229 and RM 286. Market pricing typically extends from RM 226.00 to RM 289.00, reflecting moderate variation in unit pricing. With an IQR of RM 63.00 and MAD of RM 29, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN PANJANG, Melaka Tengah, Melaka

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