JALAN PANJANG

Area Intelligence

2024

Median Price

RM 300,000

PSF: RM 253

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 253

Commercial PSF Trends

Median Price

RM 585,000

RM 276 PSF

JALAN PANJANG in Melaka Tengah, Melaka recorded 1 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 253.

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.

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 253, with most transactions between RM 253 and RM 253. The usual range is RM 221.50 to RM 284.50, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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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