|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Ong Kim Wee
|
RM 530,000
|
RM 394
|
1,345 sqft
|
|
2-Sty Terrace |
|
Jalan Tang Yee Bee
|
RM 680,000
|
RM 336
|
2,024 sqft
|
|
Semi-D |
|
Jalan Hang Tuah
|
RM 520,000
|
RM 232
|
2,245 sqft
|
|
Terrace |
|
Jalan Tang Yee Biew
|
RM 450,000
|
RM 292
|
1,542 sqft
|
|
Terrace |
|
Jalan Ong Kim Wee
|
RM 780,000
|
RM 332
|
2,347 sqft
|
|
2-Sty Shop |
|
Jalan Ong Kim Wee
|
RM 900,000
|
RM 317
|
2,842 sqft
|
|
2-Sty Shop |
|
Jalan Tang Yee Biew
|
RM 650,000
|
RM 479
|
1,356 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 530,000
RM 336 psfMedian transaction price
RM 840,000
RM 325 psfMedian transaction price
Jalan Ong Kim Wee, Melaka, Malaysia
MapsJalan Ong Kim Wee in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 332.
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 650K, with most transactions falling within a stable range of RM 503K to RM 797K, and a typical market range of RM 566K to RM 734K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 332, though individual units vary from RM 260 to RM 405 in the core range. The broader market spans RM 275.79 to RM 389.04, indicating diverse property characteristics. The spread of RM 113.25 (IQR) and deviation of RM 73 (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.