JALAN PANJANG

Area Intelligence

2024

Median Price

RM 441,500

PSF: RM 210

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Residential PSF Trends

Median Price

RM 441,500

PSF: RM 210

Commercial PSF Trends

Median Price

RM 585,000

RM 276 PSF

JALAN PANJANG in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 442K and a median price per square foot (PSF) of RM 210.

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 442K, with most transactions falling within a stable range of RM 300K to RM 583K, and a typical market range of RM 339K to RM 544K.

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 210, though individual units vary from RM 166 to RM 253 in the core range. The broader market spans RM 178.00 to RM 241.00, indicating diverse property characteristics. The spread of RM 63.00 (IQR) and deviation of RM 44 (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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