JALAN ONG KIM WEE

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 780K and a median price per square foot (PSF) of RM 456.

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 780K, with most transactions falling within a stable range of RM 678K to RM 882K, and a typical market range of RM 701K to RM 859K.

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

Price per square foot shows a median of RM 456, though individual units vary from RM 359 to RM 553 in the core range. The broader market spans RM 382.75 to RM 529.25, indicating diverse property characteristics. The spread of RM 146.50 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.