Melaka
Melaka Tengah
Bdr Melaka
JALAN PARAMESWARA

JALAN PARAMESWARA

Area Intelligence

2022

Median Price

RM 707,500

PSF: RM 259

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Residential PSF Trends

Median Price

RM 385,000

PSF: RM 240

Commercial PSF Trends

Median Price

RM 1,700,000

RM 629 PSF

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 705K to RM 385K, and a typical market range of RM 423K to RM 385K.

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

For price per square foot, the median is RM 259, with most transactions between RM 240 and RM 278. The usual range is RM 204.50 to RM 313.50, showing that most units are priced quite close to each other. With an IQR of RM 109.00 and MAD of RM 19, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN PARAMESWARA, Melaka Tengah, Melaka

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