JALAN PANJANG

Area Intelligence
2022
Median Price
RM 380,000
PSF: RM 244

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 216

JALAN PANJANG in Melaka Tengah, Melaka recorded 6 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 380K and a median price per square foot (PSF) of RM 244.

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 300K to RM 472K, and a typical market range of RM 300K to RM 483K.

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

The median PSF stands at RM 244, with core pricing between RM 197 and RM 292. Market pricing typically extends from RM 212.85 to RM 275.85, reflecting moderate variation in unit pricing. The spread of RM 63.00 (IQR) and deviation of RM 48 (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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Property Transactions

6 transactions grouped by size

1,300 sqft
RM 360,000
J/LAKSAMANA CHENG HO
1,320 sqft · RM 273 PSF
RM 428,000
LORONG 7
1,313 sqft · RM 326 PSF
1,400 sqft
Double Storey Terraced
RM 300,000
LORONG PANJANG
1,389 sqft · RM 216 PSF
RM 300,000
LORONG PANJANG
1,389 sqft · RM 216 PSF
1,950 sqft
Double Storey Shop
RM 570,000
JALAN SEMABOK
1,948 sqft · RM 293 PSF
2,100 sqft
Double Storey Terraced
RM 400,000
LORONG BANDA KABA
2,077 sqft · RM 193 PSF

No Properties For Sale

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

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