JALAN PANJANG

Area Intelligence

Median Price

RM 466,500

PSF: RM 134

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Residential PSF Trends

Median Price

RM 466,500

PSF: RM 134

Commercial PSF Trends

Median Price

RM 585,000

RM 276 PSF

JALAN PANJANG in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 467K and a median price per square foot (PSF) of RM 134.

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 467K, with most transactions falling within a stable range of RM 350K to RM 583K, and a typical market range of RM 364K to RM 569K.

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

Price per square foot shows a median of RM 134, though individual units vary from RM 101 to RM 166 in the core range. The broader market spans RM 102.00 to RM 165.00, indicating diverse property characteristics. The spread of RM 63.00 (IQR) and deviation of RM 33 (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

2 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

3,500 sqft

RM 583,000

JALAN LAKSAMANA CHENG HO

3,509 sqft · RM 166 PSF

Mar 2024

RM 350,000

JALAN LAKSAMANA CHENG HO

3,480 sqft · RM 101 PSF

May 2023

JALAN LAKSAMANA CHENG HO	RM 583,000	RM 166	3,509 sqft	Mar 2024	Double Storey Semi-D
JALAN LAKSAMANA CHENG HO	RM 350,000	RM 101	3,480 sqft	May 2023	Single Storey Semi-D