|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Tan Yew Biew Off Jalan Hang Tuah
|
RM 490,000
|
RM 315
|
1,554 sqft
|
|
Terrace |
|
Jalan Tan Yew Biew Off Jalan Hang Tuah
|
RM 355,000
|
RM 228
|
1,554 sqft
|
|
Terrace |
| 2023 | |||||
|
Jalan Tang Yee Biew
|
RM 450,000
|
RM 292
|
1,542 sqft
|
|
Terrace |
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Market Snapshot
RM 450,000
RM 292 psfMedian transaction price
RM 840,000
RM 545 psfMedian transaction price
Jalan Ong Kim Wee, Melaka, Malaysia
MapsJalan Ong Kim Wee in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, sized between 1,525 and 1,574 sqft, with a median price of RM 450K and a median price per square foot (PSF) of RM 292.
This area contains both residential and commercial properties. View 17 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 450K, with most transactions falling within a stable range of RM 393K to RM 490K, and a typical market range of RM 366K to RM 490K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 292, with core pricing between RM 255 and RM 329. Market pricing typically extends from RM 235.21 to RM 348.47, reflecting moderate variation in unit pricing. With an IQR of RM 113.25 and MAD of RM 37, 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.