JALAN ONG KIM WEE

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 660K and a median price per square foot (PSF) of RM 325.

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 660K, with most transactions falling within a stable range of RM 535K to RM 1.21 million, and a typical market range of RM 581K to RM 739K.

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 325, though individual units vary from RM 0 to RM 661 in the core range. The broader market spans RM 264.25 to RM 385.75, indicating diverse property characteristics. A wider spread (IQR: RM 121.50) and deviation (MAD: RM 336) 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.