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 259.
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 708K, with most transactions falling within a stable range of RM 593K to RM 823K, and a typical market range of RM 423K to RM 993K.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 259, though individual units vary from RM 195 to RM 323 in the core range. The broader market spans RM 204.50 to RM 313.50, indicating diverse property characteristics. The spread of RM 109.00 (IQR) and deviation of RM 64 (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.
