| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ong Kim Wee
|
RM 530,000
|
RM 394
|
1,345 sqft
|
|
|
|
Jalan Tang Yee Biew
|
RM 650,000
|
RM 479
|
1,356 sqft
|
|
|
Jalan Ong Kim Wee
|
RM 530,000
|
RM 367
|
1,442 sqft
|
|
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Market Snapshot
RM 530,000
RM 394 psfMedian transaction price
RM 840,000
RM 545 psfMedian transaction price
Jalan Ong Kim Wee, Melaka, Malaysia
MapsJalan Ong Kim Wee in Melaka Tengah, Melaka recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 530K and a median price per square foot (PSF) of RM 394.
This area contains both residential and commercial properties. View 17 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 530K to RM 587K, and a typical market range of RM 530K to RM 614K.
Within the Double Storey Terraced category, 2 - 2 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 394, with core pricing between RM 346 and RM 442. Market pricing typically extends from RM 337.29 to RM 450.54, reflecting moderate variation in unit pricing. With an IQR of RM 113.25 and MAD of RM 48, 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.