JALAN PARAMESWARA

Area Intelligence
2024
Median Price
RM 352,500
PSF: RM 232

Residential PSF Trends

Median Price

RM 352,500

PSF: RM 232

Commercial PSF Trends

Median Price

RM 1,700,000

RM 629 PSF

JALAN PARAMESWARA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 353K and a median price per square foot (PSF) of RM 232.

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 353K, with most transactions falling within a stable range of RM 300K to RM 506K, and a typical market range of RM 300K to RM 638K.

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

Price per square foot shows a median of RM 232, though individual units vary from RM 174 to RM 289 in the core range. The broader market spans RM 177.00 to RM 286.00, 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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Transactions

4 transactions grouped by size

1,350 sqft
Single Storey Terraced
RM 310,000
JALAN CHAN KOON CHENG
1,350 sqft · RM 230 PSF
1,700 sqft
Single Storey Semi-D
RM 395,000
JALAN PARAMESWARA
1,694 sqft · RM 233 PSF
2,800 sqft
Single Storey Semi-D
RM 678,000
JALAN PARAMESWARA
2,789 sqft · RM 243 PSF
2,900 sqft
Bungalow
RM 300,000
JALAN PARAMESWARA
2,918 sqft · RM 103 PSF

No Properties For Sale

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

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