Melaka
Melaka Tengah
Bdr Melaka
JALAN PARAMESWARA

JALAN PARAMESWARA

Area Intelligence

2023

Median Price

RM 639,500

PSF: RM 267

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Residential PSF Trends

Median Price

RM 639,500

PSF: RM 267

Commercial PSF Trends

Median Price

RM 1,700,000

RM 629 PSF

JALAN PARAMESWARA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 640K and a median price per square foot (PSF) of RM 267.

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 640K, with most transactions falling within a stable range of RM 280K to RM 999K, and a typical market range of RM 355K to RM 925K.

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

Price per square foot shows a median of RM 267, though individual units vary from RM 209 to RM 324 in the core range. The broader market spans RM 212.00 to RM 321.00, indicating diverse property characteristics. The spread of RM 109.00 (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.

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JALAN PARAMESWARA, Melaka Tengah, Melaka

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