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 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
2 units
RM 360,000
Single Storey Terraced J/LAKSAMANA CHENG HO
1,320 sqft · RM 273.00 PSF
Dec 2022
RM 300,000
Double Storey Terraced 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
1,500 sqft
1 units Single Storey Terraced
RM 380,000
LRG 2
1,500 sqft · RM 253.00 PSF
Apr 2023
1,650 sqft
4 units
RM 550,000
Double Storey Terraced LRG BANDA KABA
1,654 sqft · RM 333.00 PSF
Jan 2025
RM 450,000
Double Storey Semi-D JLN PANJANG
1,651 sqft · RM 273.00 PSF
Jul 2023
RM 400,000
Double Storey Terraced LRG BANDA KABA
1,654 sqft · RM 242.00 PSF
May 2022
RM 570,000
Double Storey Shop JLN SEMABOK
1,674 sqft · RM 341.00 PSF
Jan 2022
1,700 sqft
1 units Double Storey Terraced
RM 300,000
LRG PANJANG
1,709 sqft · RM 176.00 PSF
Jan 2022
2,000 sqft
2 units Double Storey Semi-D
RM 570,000
JLN PANJANG
1,976 sqft · RM 288.00 PSF
Apr 2023
RM 450,000
JLN PANJANG
1,998 sqft · RM 225.00 PSF
Apr 2023
2,850 sqft
1 units Double Storey Shop
RM 600,000
JLN SEMABOK
2,852 sqft · RM 210.00 PSF
Dec 2023
3,500 sqft
2 units
RM 583,000
Double Storey Semi-D JLN LAKSAMANA CHENG HO
3,509 sqft · RM 166.00 PSF
Mar 2024
RM 350,000
Single Storey Semi-D JLN LAKSAMANA CHENG HO
3,480 sqft · RM 101.00 PSF
May 2023