Melaka
Melaka Tengah
Bdr Melaka
JALAN PARAMESWARA

JALAN PARAMESWARA

Area Intelligence

2022

Median Price

RM 382,500

PSF: RM 245

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Residential PSF Trends

Median Price

RM 382,500

PSF: RM 245

JALAN PARAMESWARA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 383K and a median price per square foot (PSF) of RM 245.

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 383K, with most transactions falling within a stable range of RM 380K to RM 385K, and a typical market range of RM 380K to RM 385K.

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

For price per square foot, the median is RM 245, with most transactions between RM 240 and RM 250. The usual range is RM 190.78 to RM 299.78, showing that most units are priced quite close to each other. With an IQR of RM 109.00 and MAD of RM 5, 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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