Jalan Parameswara

Jln Parameswara, Melaka, Malaysia

Property Transactions

14 subsales grouped by road

RM 390,000
2,631 sqft
RM 148 PSF · Bungalow
RM 300,000
2,918 sqft
RM 103 PSF · Bungalow
RM 395,000
1,694 sqft
RM 233 PSF · Semi-D
RM 678,000
2,789 sqft
RM 243 PSF · Semi-D
RM 999,000
3,080 sqft
RM 324 PSF · Bungalow
RM 385,000
1,603 sqft
RM 240 PSF · Semi-D
RM 610,000
3,618 sqft
RM 169 PSF · Bungalow
RM 310,000
1,350 sqft
RM 230 PSF · Terrace
RM 1,700,000
8,041 sqft
RM 211 PSF · 3-Sty Shop
RM 440,000
2,614 sqft
RM 168 PSF
RM 950,000
2,430 sqft
RM 391 PSF
RM 280,000
1,339 sqft
RM 209 PSF
RM 380,000
1,518 sqft
RM 250 PSF
RM 1,030,000
8,581 sqft
RM 120 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 415,000

RM 189 psf

Median transaction price

Jalan Parameswara in Melaka Tengah, Melaka recorded 14 subsale transactions between 2021 and 2026, with a median price of RM 418K 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 418K, with most transactions falling within a stable range of RM 290K to RM 545K, and a typical market range of RM 280K to RM 668K.

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 167 to RM 293 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 63) 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.