Melaka
Melaka Tengah
Bdr Melaka
JALAN ONG KIM WEE

JALAN ONG KIM WEE

Area Intelligence

2022

Median Price

RM 400,000

PSF: RM 265

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 265

Commercial PSF Trends

Median Price

RM 840,000

RM 545 PSF

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 1 subsale transactions in 2022, priced between RM 300K and RM 500K, with a median price of RM 400K and a median price per square foot (PSF) of RM 265.

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.

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

For price per square foot, the median is RM 265, with most transactions between RM 265 and RM 265. The usual range is RM 204.33 to RM 325.83, showing that most units are priced quite close to each other. With an IQR of RM 121.50 and MAD of RM 0, 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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