JALAN ONG KIM WEE

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2025, priced between RM 1.00 million and RM 2.00 million, with a median price of RM 1.51 million and a median price per square foot (PSF) of RM 384.

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 1.51 million, with most transactions falling within a stable range of RM 1.02 million to RM 2.00 million, and a typical market range of RM 1.43 million to RM 1.59 million.

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

The median PSF stands at RM 384, with core pricing between RM 323 and RM 446. Market pricing typically extends from RM 323.29 to RM 444.79, reflecting moderate variation in unit pricing. The spread of RM 121.50 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.