Area Intelligence

JALAN PANJANG

6 properties
Double Storey Terraced
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Median Price
RM 350,000
PSF: RM 248

Residential Market

Median Price

RM 350,000

IQR: RM 46
MAD: RM 24
RM 248 PSF 7.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 585,000

IQR: RM 66
MAD: RM 66
RM 276 PSF 38.4%

PSF Trends (2021-2025)

JALAN PANJANG in Melaka Tengah, Melaka recorded 6 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 350K and a median price per square foot (PSF) of RM 248.

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 248, though individual units vary from RM 194 to RM 301 in the core range. The broader market spans RM 216.00 to RM 279.00, indicating diverse property characteristics. The spread of RM 63.00 (IQR) and deviation of RM 53 (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.

Area Location

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JALAN PANJANG, Melaka Tengah, Melaka

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Transactions

6 properties grouped by size

1,200 sqft
1 units Double Storey Terraced
RM 300,000
JLN LRG BANDA KABA
1,188 sqft · RM 253.00 PSF
Jun 2024
1,300 sqft
1 units Double Storey Terraced
RM 300,000
LRG PANJANG
1,289 sqft · RM 233.00 PSF
Jan 2022
1,350 sqft
1 units Double Storey Terraced
RM 428,000
LORONG 7
1,336 sqft · RM 320.00 PSF
Sep 2022
1,650 sqft
2 units Double Storey Terraced
RM 550,000
LRG BANDA KABA
1,654 sqft · RM 333.00 PSF
Jan 2025
RM 400,000
LRG BANDA KABA
1,654 sqft · RM 242.00 PSF
May 2022
1,700 sqft
1 units Double Storey Terraced
RM 300,000
LRG PANJANG
1,709 sqft · RM 176.00 PSF
Jan 2022