JALAN ONG KIM WEE

Area Intelligence
2022
Median Price
RM 530,000
PSF: RM 381

Residential PSF Trends

Median Price

RM 465,000

PSF: RM 323

Commercial PSF Trends

Median Price

RM 650,000

RM 456 PSF

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 530K and a median price per square foot (PSF) of RM 381.

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 428K to RM 632K, 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 381, though individual units vary from RM 302 to RM 460 in the core range. The broader market spans RM 320.25 to RM 441.75, indicating diverse property characteristics. The spread of RM 121.50 (IQR) and deviation of RM 79 (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.

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JALAN ONG KIM WEE, Melaka Tengah, Melaka

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Transactions

3 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 530,000
JALAN ONG KIM WEE
1,390 sqft · RM 381 PSF
1,450 sqft
Double Storey Shop
RM 650,000
JALAN ONG KIM WEE
1,426 sqft · RM 456 PSF
1,500 sqft
Single Storey Terraced
RM 400,000
JALAN HANG TUAH
1,509 sqft · RM 265 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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