JALAN PANJANG

Area Intelligence
2023
Median Price
RM 450,000
PSF: RM 239

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 grouped by size

1,500 sqft
Single Storey Terraced
RM 380,000
LORONG 2
1,500 sqft · RM 253 PSF
1,650 sqft
Double Storey Semi-D
RM 450,000
JALAN PANJANG
1,651 sqft · RM 273 PSF
2,000 sqft
Double Storey Semi-D
RM 570,000
JALAN PANJANG
1,976 sqft · RM 288 PSF
RM 450,000
JALAN PANJANG
1,998 sqft · RM 225 PSF
2,850 sqft
Double Storey Shop
RM 600,000
JALAN SEMABOK
2,852 sqft · RM 210 PSF
3,500 sqft
Single Storey Semi-D
RM 350,000
JALAN LAKSAMANA CHENG HO
3,480 sqft · RM 101 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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