JALAN ONG KIM WEE Property Investment Analysis
PROPERTY TYPES OVERVIEW
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Shop Unit/Retail Lot | 7 | 6,617,000 |
RM 614,000
±404K MAD
|
-79.37% |
RM 264.50
±203 MAD
|
+653.23% |
JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 19 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 334.
This area contains both residential and commercial properties. View 13 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 520K to RM 680K, and a typical market range of RM 521K to RM 679K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 334, though individual units vary from RM 259 to RM 409 in the core range. The broader market spans RM 260.75 to RM 407.25, indicating diverse property characteristics. The spread of RM 146.50 (IQR) and deviation of RM 75 (MAD) suggest moderate price variations reflecting different property features.
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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
1 - 1 1/2 Storey Terraced |
JLN HANG TUAH
|
RM 415,000
|
RM 216.00
|
1,921 sqft
|
Feb 2025
|
1 - 1 1/2 Storey Terraced |
JLN TAN YEW BIEW OFF JLN HANG TUAH
|
RM 355,000
|
RM 228.00
|
1,554 sqft
|
Jan 2025
|
2 - 2 1/2 Storey Semi-Detached |
JALAN TANG YEW BIEW
|
RM 730,000
|
RM 364.00
|
2,007 sqft
|
Nov 2024
|
1 - 1 1/2 Storey Semi-Detached |
JLN ONG KIM WEE
|
RM 535,000
|
RM 207.00
|
2,582 sqft
|
Jun 2024
|
2 - 2 1/2 Storey Semi-Detached |
JALAN HANG TUAH
|
RM 660,000
|
RM 325.00
|
2,030 sqft
|
Jun 2024
|
2 - 2 1/2 Storey Semi-Detached |
JLN TENG YEW BIEW
|
RM 600,000
|
RM 284.00
|
2,109 sqft
|
May 2024
|
4 - 4 1/2 Storey Shop |
JLN ONG KIM WEE
|
RM 2,000,000
|
RM 1,126.00
|
1,776 sqft
|
Feb 2024
|
2 - 2 1/2 Storey Terraced |
JLN ONG KIM WEE
|
RM 530,000
|
RM 377.00
|
1,406 sqft
|
Dec 2023
|
2 - 2 1/2 Storey Semi-Detached |
JALAN TANG YEE BEE
|
RM 680,000
|
RM 336.00
|
2,024 sqft
|
Nov 2023
|
1 - 1 1/2 Storey Terraced |
JLN HANG TUAH
|
RM 520,000
|
RM 232.00
|
2,245 sqft
|
Oct 2023
|
1 - 1 1/2 Storey Terraced |
JALAN TANG YEE BIEW
|
RM 450,000
|
RM 292.00
|
1,542 sqft
|
Jun 2023
|
2 - 2 1/2 Storey Shop |
JALAN ONG KIM WEE
|
RM 780,000
|
RM 409.00
|
1,909 sqft
|
Jun 2023
|
2 - 2 1/2 Storey Shop |
JLN ONG KIM WEE
|
RM 900,000
|
RM 634.00
|
1,419 sqft
|
May 2023
|
2 - 2 1/2 Storey Terraced |
JLN TANG YEE BIEW
|
RM 650,000
|
RM 569.00
|
1,142 sqft
|
Mar 2023
|
1 - 1 1/2 Storey Terraced |
JLN HANG TUAH
|
RM 400,000
|
RM 265.00
|
1,509 sqft
|
Dec 2022
|
1 - 1 1/2 Storey Semi-Detached |
JLN ONG KENG HOON
|
RM 525,000
|
RM 209.00
|
2,509 sqft
|
Dec 2022
|
2 - 2 1/2 Storey Terraced |
JALAN ONG KIM WEE
|
RM 530,000
|
RM 381.00
|
1,390 sqft
|
Oct 2022
|
2 - 2 1/2 Storey Semi-Detached |
JALAN ONG KENG HOON
|
RM 680,000
|
RM 334.00
|
2,038 sqft
|
Sep 2022
|
2 - 2 1/2 Storey Shop |
JALAN ONG KIM WEE
|
RM 650,000
|
RM 456.00
|
1,426 sqft
|
Jul 2022
|