| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tang Yew Biew
|
RM 730,000
|
RM 364
|
2,007 sqft
|
|
|
Jalan Hang Tuah
|
RM 660,000
|
RM 325
|
2,030 sqft
|
|
|
Jalan Teng Yew Biew
|
RM 600,000
|
RM 284
|
2,109 sqft
|
|
|
Jalan Ong Kim Wee
|
RM 535,000
|
RM 207
|
2,582 sqft
|
|
|
Jalan Ong Kim Wee
|
RM 2,000,000
|
RM 323
|
6,200 sqft
|
|
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Market Snapshot
RM 630,000
RM 305 psfMedian transaction price
RM 2,000,000
RM 323 psfMedian transaction price
Jalan Ong Kim Wee, Melaka, Malaysia
MapsJalan 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 323.
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 660K, with most transactions falling within a stable range of RM 535K to RM 1.21 million, and a typical market range of RM 576K to RM 744K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 323, with core pricing between RM 270 and RM 376. Market pricing typically extends from RM 265.96 to RM 379.21, reflecting moderate variation in unit pricing. The spread of RM 113.25 (IQR) and deviation of RM 53 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.