Area Intelligence

JALAN ONG KIM WEE

5 properties
Single Storey Terraced
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Median Price
RM 415,000
PSF: RM 232

Residential Market

Median Price

RM 415,000

IQR: RM 99
MAD: RM 52
RM 232 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 5 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 415K and a median price per square foot (PSF) of RM 232.

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 415K, with most transactions falling within a stable range of RM 360K to RM 470K, and a typical market range of RM 355K to RM 494K.

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

The median PSF stands at RM 232, with core pricing between RM 204 and RM 260. Market pricing typically extends from RM 158.75 to RM 305.25, reflecting moderate variation in unit pricing. With an IQR of RM 146.50 and MAD of RM 28, 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

5 properties grouped by size

1,500 sqft
1 units Single Storey Terraced
RM 400,000
JLN HANG TUAH
1,509 sqft · RM 265.00 PSF
Dec 2022
1,550 sqft
2 units Single Storey Terraced
RM 355,000
JLN TAN YEW BIEW OFF JLN HANG TUAH
1,554 sqft · RM 228.00 PSF
Jan 2025
RM 450,000
JALAN TANG YEE BIEW
1,542 sqft · RM 292.00 PSF
Jun 2023
1,900 sqft
1 units Single Storey Terraced
RM 415,000
JLN HANG TUAH
1,921 sqft · RM 216.00 PSF
Feb 2025
2,250 sqft
1 units Single Storey Terraced
RM 520,000
JLN HANG TUAH
2,245 sqft · RM 232.00 PSF
Oct 2023