Jalan Parameswara

Jln Parameswara, Melaka, Malaysia

Property Transactions

4 subsales found

Median
RM 707,500
PSF
RM 226
Price Size
RM 1,700,000
Jalan Chan Koon Cheng
8,041 sqft RM 211 PSF
RM 380,000
Jalan. Chan Koon Cheng
1,518 sqft RM 250 PSF
RM 1,030,000
Jalan Melaka Raya 12
8,581 sqft RM 120 PSF
RM 385,000
Jalan Parameswara
1,603 sqft RM 240 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 385,000

RM 240 psf

Median transaction price

Jalan Parameswara in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 708K and a median price per square foot (PSF) of RM 226.

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 708K, with most transactions falling within a stable range of RM 380K to RM 1.25 million, and a typical market range of RM 457K to RM 958K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 226, though individual units vary from RM 174 to RM 277 in the core range. The broader market spans RM 175.30 to RM 276.30, indicating diverse property characteristics. The spread of RM 101.00 (IQR) and deviation of RM 51 (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.