JALAN PANJANG

Area Intelligence

Median Price

RM 583,000

PSF: RM 166

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Residential PSF Trends

Median Price

RM 466,500

PSF: RM 134

Commercial PSF Trends

Median Price

RM 600,000

RM 210 PSF

JALAN PANJANG in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 583K and a median price per square foot (PSF) of RM 166.

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 583K, with most transactions falling within a stable range of RM 469K to RM 600K, and a typical market range of RM 481K to RM 600K.

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 166, though individual units vary from RM 121 to RM 211 in the core range. The broader market spans RM 134.50 to RM 197.50, indicating diverse property characteristics. A wider spread (IQR: RM 63.00) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

3 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

2,850 sqft

Double Storey Shop

2,850 sqft

Double Storey Shop

RM 600,000

JALAN SEMABOK

2,852 sqft · RM 210 PSF

Dec 2023

JALAN SEMABOK

RM 600,000

RM 210

2,852 sqft

Dec 2023

3,500 sqft

RM 583,000

JALAN LAKSAMANA CHENG HO

3,509 sqft · RM 166 PSF

Mar 2024

RM 350,000

JALAN LAKSAMANA CHENG HO

3,480 sqft · RM 101 PSF

May 2023

JALAN LAKSAMANA CHENG HO	RM 583,000	RM 166	3,509 sqft	Mar 2024	Double Storey Semi-D
JALAN LAKSAMANA CHENG HO	RM 350,000	RM 101	3,480 sqft	May 2023	Single Storey Semi-D