JALAN PANJANG

Area Intelligence
2022
Median Price
RM 380,000
PSF: RM 258

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. The median price is RM 380K, with most transactions falling within a stable range of RM 328K to RM 428K, and a typical market range of RM 300K to RM 428K.

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 210 and RM 305. Market pricing typically extends from RM 226.00 to RM 289.00, reflecting moderate variation in unit pricing. The spread of RM 63.00 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

5 transactions grouped by size

1,300 sqft
RM 360,000
J/LAKSAMANA CHENG HO
1,320 sqft · RM 273 PSF
RM 300,000
LORONG PANJANG
1,289 sqft · RM 233 PSF
1,350 sqft
Double Storey Terraced
RM 428,000
LORONG 7
1,336 sqft · RM 320 PSF
1,650 sqft
Double Storey Terraced
RM 400,000
LORONG BANDA KABA
1,654 sqft · RM 242 PSF
1,700 sqft
Double Storey Terraced
RM 300,000
LORONG PANJANG
1,709 sqft · RM 176 PSF

No Properties For Sale

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

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