JALAN ONG KIM WEE

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 16 subsale transactions between 2021 and 2025, priced between RM 500K and RM 1.00 million, with a median price of RM 625K and a median price per square foot (PSF) of RM 321.

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 625K, with most transactions falling within a stable range of RM 523K to RM 727K, and a typical market range of RM 546K to RM 704K.

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 321, though individual units vary from RM 249 to RM 393 in the core range. The broader market spans RM 260.17 to RM 381.67, indicating diverse property characteristics. The spread of RM 121.50 (IQR) and deviation of RM 72 (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.