JALAN JOHOR

JALAN JOHOR in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 162K and a median price per square foot (PSF) of RM 255.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 162K, with most transactions falling within a stable range of RM 98K to RM 271K, and a typical market range of RM 107K to RM 217K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 255, though individual units vary from RM 186 to RM 324 in the core range. The broader market spans RM 222.38 to RM 287.63, indicating diverse property characteristics. A wider spread (IQR: RM 65.25) and deviation (MAD: RM 69) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.