Melaka
Melaka Tengah
Bdr Melaka
JALAN ONG KIM WEE

JALAN ONG KIM WEE

Area Intelligence

2024

Median Price

RM 660,000

PSF: RM 325

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Residential PSF Trends

Median Price

RM 630,000

PSF: RM 305

Commercial PSF Trends

Median Price

RM 2,000,000

RM 1,126 PSF

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 660K and a median price per square foot (PSF) of RM 325.

This area contains both residential and commercial properties. View 16 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 325, with most transactions between RM 325 and RM 325. The usual range is RM 264.25 to RM 385.75, showing that most units are priced quite close to each other. With an IQR of RM 121.50 and MAD of RM 0, 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.

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JALAN ONG KIM WEE, Melaka Tengah, Melaka

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