Melaka
Melaka Tengah
Bdr Melaka
JALAN PARAMESWARA

JALAN PARAMESWARA

Area Intelligence

2024

Median Price

RM 489,000

PSF: RM 173

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Residential PSF Trends

Median Price

RM 489,000

PSF: RM 173

JALAN PARAMESWARA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 489K and a median price per square foot (PSF) of RM 173.

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 489K, with most transactions falling within a stable range of RM 300K to RM 678K, and a typical market range of RM 300K to RM 678K.

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

Price per square foot shows a median of RM 173, though individual units vary from RM 103 to RM 243 in the core range. The broader market spans RM 118.50 to RM 227.50, indicating diverse property characteristics. A wider spread (IQR: RM 109.00) and deviation (MAD: RM 70) 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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