JALAN PARAMESWARA

Area Intelligence
2022
Median Price
RM 385,000
PSF: RM 278

Residential PSF Trends

Median Price

RM 382,500

PSF: RM 259

Commercial PSF Trends

Median Price

RM 1,700,000

RM 629 PSF

JALAN PARAMESWARA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 385K and a median price per square foot (PSF) of RM 278.

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 385K, with most transactions falling within a stable range of RM 380K to RM 1.01 million, and a typical market range of RM 380K to RM 670K.

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

Price per square foot shows a median of RM 278, though individual units vary from RM 103 to RM 453 in the core range. The broader market spans RM 223.50 to RM 332.50, indicating diverse property characteristics. A wider spread (IQR: RM 109.00) and deviation (MAD: RM 175) indicate significant PSF variations, likely due to diverse property types or conditions.

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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Transactions

3 transactions grouped by size

1,350 sqft
Double Storey Terraced
RM 380,000
JALAN. CHAN KOON CHENG
1,369 sqft · RM 278 PSF
1,600 sqft
Single Storey Semi-D
RM 385,000
JALAN PARAMESWARA
1,603 sqft · RM 240 PSF
2,700 sqft
3-Storey Shop
RM 1,700,000
JALAN CHAN KOON CHENG
2,702 sqft · RM 629 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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