ONG KIM WEE RESIDENCE

Area Intelligence
2022
Median Price
RM 531,000
PSF: RM 453

Residential PSF Trends

Median Price

RM 531,000

PSF: RM 453

ONG KIM WEE RESIDENCE in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM 531K and a median price per square foot (PSF) of RM 453.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 531K, with most transactions falling within a stable range of RM 510K to RM 545K, and a typical market range of RM 493K to RM 545K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 453, with most transactions between RM 446 and RM 460. The usual range is RM 444.13 to RM 461.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.75 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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ONG KIM WEE RESIDENCE, Melaka Tengah, Melaka

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Transactions

5 transactions grouped by size

1,100 sqft
Service Apartment
RM 497,000
Level 16
1,109 sqft · RM 448 PSF
RM 493,000
Level 11
1,109 sqft · RM 445 PSF
1,150 sqft
Service Apartment
RM 545,000
Level 24
1,173 sqft · RM 465 PSF
RM 531,000
Level 11
1,173 sqft · RM 453 PSF
RM 533,000
Level 7
1,173 sqft · RM 454 PSF

No Properties For Sale

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

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