JALAN ONG KIM WEE

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 530K and a median price per square foot (PSF) of RM 377.

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 530K, with most transactions falling within a stable range of RM 355K to RM 941K, and a typical market range of RM 451K to RM 609K.

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 377, though individual units vary from RM 143 to RM 611 in the core range. The broader market spans RM 316.25 to RM 437.75, indicating diverse property characteristics. A wider spread (IQR: RM 121.50) and deviation (MAD: RM 234) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.