|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Parameswara
|
RM 300,000
|
RM 103
|
2,918 sqft
|
|
Bungalow |
|
Jalan Parameswara
|
RM 395,000
|
RM 233
|
1,694 sqft
|
|
Semi-D |
|
Jalan Parameswara
|
RM 678,000
|
RM 243
|
2,789 sqft
|
|
Semi-D |
|
Jalan Chan Koon Cheng
|
RM 310,000
|
RM 230
|
1,350 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 352,500
RM 231 psfMedian transaction price
Jln Parameswara, Melaka, Malaysia
MapsJalan Parameswara in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 353K and a median price per square foot (PSF) of RM 231.
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 353K, with most transactions falling within a stable range of RM 300K to RM 506K, and a typical market range of RM 300K to RM 603K.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 231, though individual units vary from RM 174 to RM 289 in the core range. The broader market spans RM 180.91 to RM 281.91, indicating diverse property characteristics. The spread of RM 101.00 (IQR) and deviation of RM 58 (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.