Jalan Ong Kim Wee in Melaka Tengah, Melaka recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM780K and a median price per square foot (PSF) of RM317.

This area contains both residential and commercial properties. View 17 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 RM780K, with most transactions falling within a stable range of RM678K to RM882K, and a typical market range of RM696K to RM864K.

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

The median PSF stands at RM317, with core pricing between RM263 and RM371. Market pricing typically extends from RM260.10 to RM373.35, reflecting moderate variation in unit pricing. The spread of RM113.25 (IQR) and deviation of RM54 (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.