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 460K to RM 620K, and a typical market range of RM 461K to RM 619K.
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 295, though individual units vary from RM 235 to RM 355 in the core range. The broader market spans RM 233.75 to RM 355.25, indicating diverse property characteristics. The spread of RM 121.50 (IQR) and deviation of RM 60 (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.
