JALAN ONG KIM WEE

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 23 subsale transactions between 2021 and 2025, with a median price of RM 600K 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. The median price is RM 600K, with most transactions falling within a stable range of RM 355K to RM 923K, 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 325, though individual units vary from RM 132 to RM 518 in the core range. The broader market spans RM 264.25 to RM 385.75, indicating diverse property characteristics. A wider spread (IQR: RM 121.50) and deviation (MAD: RM 193) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.