JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 0 6-Storey Shop properties subsale transactions between 2021 and 2025 for 6-storey shop properties, with a median price of RM 600K 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 600K, with most transactions falling within a stable range of RM 520K to RM 680K, and a typical market range of RM 521K to RM 679K.
Within the 6-Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 325, with core pricing between RM 265 and RM 385. Market pricing typically extends from RM 264.25 to RM 385.75, reflecting moderate variation in unit pricing. 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.