| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 7
|
RM 428,000
|
RM 326
|
1,313 sqft
|
|
|
Lorong Panjang
|
RM 300,000
|
RM 216
|
1,389 sqft
|
|
|
|
Lorong Panjang
|
RM 300,000
|
RM 216
|
1,389 sqft
|
|
|
Jalan Lorong Banda Kaba
|
RM 300,000
|
RM 185
|
1,625 sqft
|
|
|
Lorong Banda Kaba
|
RM 550,000
|
RM 265
|
2,077 sqft
|
|
|
|
Lorong Banda Kaba
|
RM 400,000
|
RM 193
|
2,077 sqft
|
|
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Market Snapshot
ResidentialRM 350,000
RM 216 psfMedian transaction price
Jln Panjang, 75000 Melaka, Malaysia
MapsJalan Panjang in Melaka Tengah, Melaka recorded 6 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 216.
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 350K, with most transactions falling within a stable range of RM 300K to RM 442K, and a typical market range of RM 300K to RM 453K.
Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 216, though individual units vary from RM 167 to RM 265 in the core range. The broader market spans RM 184.55 to RM 247.55, indicating diverse property characteristics. The spread of RM 63.00 (IQR) and deviation of RM 49 (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.