Area Intelligence

JALAN PANJANG

2 properties
Single Storey Terraced
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Median Price
RM 370,000
PSF: RM 263

Residential Market

Median Price

RM 370,000

IQR: RM 46
MAD: RM 24
RM 263 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 2 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 370K and a median price per square foot (PSF) of RM 263.

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 370K, with most transactions falling within a stable range of RM 360K to RM 380K, and a typical market range of RM 360K to RM 380K.

Within the Single Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 263, with most transactions between RM 253 and RM 273. The usual range is RM 231.50 to RM 294.50, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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

2 properties grouped by size

1,300 sqft
1 units Single Storey Terraced
RM 360,000
J/LAKSAMANA CHENG HO
1,320 sqft · RM 273.00 PSF
Dec 2022
1,500 sqft
1 units Single Storey Terraced
RM 380,000
LRG 2
1,500 sqft · RM 253.00 PSF
Apr 2023