Area Intelligence

JALAN PANJANG

4 properties
Double Storey Semi-D
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Median Price
RM 510,000
PSF: RM 249

Residential Market

Median Price

RM 510,000

IQR: RM 46
MAD: RM 24
RM 249 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 4 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 510K and a median price per square foot (PSF) of RM 249.

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 510K, with most transactions falling within a stable range of RM 450K to RM 573K, and a typical market range of RM 450K to RM 583K.

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

The median PSF stands at RM 249, with core pricing between RM 201 and RM 297. Market pricing typically extends from RM 217.50 to RM 280.50, reflecting moderate variation in unit pricing. The spread of RM 63.00 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.

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

4 properties grouped by size

1,650 sqft
1 units Double Storey Semi-D
RM 450,000
JLN PANJANG
1,651 sqft · RM 273.00 PSF
Jul 2023
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
3,500 sqft
1 units Double Storey Semi-D
RM 583,000
JLN LAKSAMANA CHENG HO
3,509 sqft · RM 166.00 PSF
Mar 2024