JALAN PANJANG

Area Intelligence
2023
Median Price
RM 450,000
PSF: RM 263

Residential PSF Trends

Median Price

RM 450,000

PSF: RM 263

Commercial PSF Trends

Median Price

RM 585,000

RM 276 PSF

JALAN PANJANG in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 263.

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 382K to RM 518K, and a typical market range of RM 380K to RM 553K.

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

For price per square foot, the median is RM 263, with most transactions between RM 239 and RM 287. The usual range is RM 231.50 to RM 294.50, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 24, 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

OSM

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Transactions

4 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

No Properties For Sale

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

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