| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Chan Koon Cheng
|
RM 310,000
|
RM 230
|
1,350 sqft
|
|
|
Jalan Parameswara
|
RM 395,000
|
RM 233
|
1,694 sqft
|
|
|
Lorong Laksamana Cheng Ho 7
|
RM 950,000
|
RM 391
|
2,430 sqft
|
|
|
Lorong Praya
|
RM 440,000
|
RM 168
|
2,614 sqft
|
|
|
Jalan Parameswara
|
RM 390,000
|
RM 148
|
2,631 sqft
|
|
|
Jalan Parameswara
|
RM 678,000
|
RM 243
|
2,789 sqft
|
|
|
Jalan Parameswara
|
RM 300,000
|
RM 103
|
2,918 sqft
|
|
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Market Snapshot
ResidentialRM 395,000
RM 230 psfMedian transaction price
Jln Parameswara, Melaka, Malaysia
MapsJalan Parameswara in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2026, with a median price of RM 395K and a median price per square foot (PSF) of RM 230.
This area contains both residential and commercial properties. View 10 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 395K, with most transactions falling within a stable range of RM 300K to RM 614K, and a typical market range of RM 300K to RM 645K.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 230, though individual units vary from RM 144 to RM 315 in the core range. The broader market spans RM 179.13 to RM 280.13, indicating diverse property characteristics. A wider spread (IQR: RM 101.00) and deviation (MAD: RM 86) 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.