JALAN PARAMESWARA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 610K and a median price per square foot (PSF) of RM 169.
This area contains both residential and commercial properties. View 9 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 610K, with most transactions falling within a stable range of RM 495K to RM 725K, and a typical market range of RM 325K to RM 895K.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 169, though individual units vary from RM 105 to RM 233 in the core range. The broader market spans RM 114.50 to RM 223.50, indicating diverse property characteristics. A wider spread (IQR: RM 109.00) and deviation (MAD: RM 64) 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.
