Area Intelligence

JALAN ONG KIM WEE

2 properties
Single Storey Semi-D
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Median Price
RM 530,000
PSF: RM 208

Residential Market

Median Price

RM 530,000

IQR: RM 99
MAD: RM 52
RM 208 PSF 1.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 840,000

IQR: RM 313
MAD: RM 113
RM 545 PSF 57.1%

PSF Trends (2021-2025)

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 2 Single Storey Semi-D properties subsale transactions between 2021 and 2025 for single storey semi-d properties, with a median price of RM 530K and a median price per square foot (PSF) of RM 208.

This area contains both residential and commercial properties. View 13 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 530K, with most transactions falling within a stable range of RM 525K to RM 535K, and a typical market range of RM 525K to RM 535K.

Within the Single Storey Semi-D category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 208, with most transactions between RM 207 and RM 209. The usual range is RM 134.75 to RM 281.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 1, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JALAN ONG KIM WEE, Melaka Tengah, Melaka

OSM

Transactions

2 properties grouped by size

2,500 sqft
1 units Single Storey Semi-D
RM 525,000
JLN ONG KENG HOON
2,509 sqft · RM 209.00 PSF
Dec 2022
2,600 sqft
1 units Single Storey Semi-D
RM 535,000
JLN ONG KIM WEE
2,582 sqft · RM 207.00 PSF
Jun 2024