Melaka
Melaka Tengah
Bdr Melaka
JALAN PARAMESWARA

JALAN PARAMESWARA

Area Intelligence

2024

Median Price

RM 352,500

PSF: RM 232

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Residential PSF Trends

Median Price

RM 352,500

PSF: RM 232

Commercial PSF Trends

Median Price

RM 1,700,000

RM 629 PSF

JALAN 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 232.

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.

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

For price per square foot, the median is RM 232, with most transactions between RM 232 and RM 232. The usual range is RM 177.00 to RM 286.00, showing that most units are priced quite close to each other. With an IQR of RM 109.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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JALAN PARAMESWARA, Melaka Tengah, Melaka

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