Area Intelligence

JALAN PANJANG

15 properties
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Median Price
RM 428,000
PSF: RM 253

Residential Market

Median Price

RM 414,000

IQR: RM 46
MAD: RM 24
RM 253 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 15 subsale transactions between 2021 and 2025, with a median price of RM 428K and a median price per square foot (PSF) of RM 253.

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 428K, with most transactions falling within a stable range of RM 306K to RM 550K, and a typical market range of RM 326K to RM 531K.

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

The median PSF stands at RM 253, with core pricing between RM 218 and RM 288. Market pricing typically extends from RM 221.50 to RM 284.50, reflecting moderate variation in unit pricing. With an IQR of RM 63.00 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.

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

15 properties found

Double Storey Terraced LRG BANDA KABA
RM 550,000
1,654 sqft Jan 2025
RM 333.00 PSF
Double Storey Terraced JLN LRG BANDA KABA
RM 300,000
1,188 sqft Jun 2024
RM 253.00 PSF
Double Storey Semi-D JLN LAKSAMANA CHENG HO
RM 583,000
3,509 sqft Mar 2024
RM 166.00 PSF
Double Storey Shop JLN SEMABOK
RM 600,000
2,852 sqft Dec 2023
RM 210.00 PSF
Double Storey Semi-D JLN PANJANG
RM 450,000
1,651 sqft Jul 2023
RM 273.00 PSF
Single Storey Semi-D JLN LAKSAMANA CHENG HO
RM 350,000
3,480 sqft May 2023
RM 101.00 PSF
Single Storey Terraced LRG 2
RM 380,000
1,500 sqft Apr 2023
RM 253.00 PSF
Double Storey Semi-D JLN PANJANG
RM 570,000
1,976 sqft Apr 2023
RM 288.00 PSF
Double Storey Semi-D JLN PANJANG
RM 450,000
1,998 sqft Apr 2023
RM 225.00 PSF
Single Storey Terraced J/LAKSAMANA CHENG HO
RM 360,000
1,320 sqft Dec 2022
RM 273.00 PSF
Double Storey Terraced LORONG 7
RM 428,000
1,336 sqft Sep 2022
RM 320.00 PSF
Double Storey Terraced LRG BANDA KABA
RM 400,000
1,654 sqft May 2022
RM 242.00 PSF
Double Storey Shop JLN SEMABOK
RM 570,000
1,674 sqft Jan 2022
RM 341.00 PSF
Double Storey Terraced LRG PANJANG
RM 300,000
1,289 sqft Jan 2022
RM 233.00 PSF
Double Storey Terraced LRG PANJANG
RM 300,000
1,709 sqft Jan 2022
RM 176.00 PSF