JALAN PANJANG

Area Intelligence

2024

Median Price

RM 583,000

PSF: RM 166

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Residential PSF Trends

Median Price

RM 583,000

PSF: RM 166

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 583K and a median price per square foot (PSF) of RM 166.

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 166, with most transactions between RM 166 and RM 166. The usual range is RM 134.50 to RM 197.50, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN PANJANG, Melaka Tengah, Melaka

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