Melaka
Melaka Tengah
Bdr Melaka
JALAN ONG KIM WEE

JALAN ONG KIM WEE

Area Intelligence

2025

Median Price

RM 540,000

PSF: RM 295

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Residential PSF Trends

Median Price

RM 540,000

PSF: RM 295

Commercial PSF Trends

Median Price

RM 840,000

RM 545 PSF

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 6 subsale transactions in 2025, with a median price of RM 540K and a median price per square foot (PSF) of RM 295.

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 540K, with most transactions falling within a stable range of RM 485K to RM 490K, and a typical market range of RM 461K to RM 490K.

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

The median PSF stands at RM 295, with core pricing between RM 250 and RM 339. Market pricing typically extends from RM 233.75 to RM 355.25, reflecting moderate variation in unit pricing. With an IQR of RM 121.50 and MAD of RM 44, 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.

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JALAN ONG KIM WEE, Melaka Tengah, Melaka

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