Area Intelligence

JALAN ONG KIM WEE

3 properties
Double Storey Terraced
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Median Price
RM 530,000
PSF: RM 381

Residential Market

Median Price

RM 530,000

IQR: RM 99
MAD: RM 52
RM 381 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 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 530K and a median price per square foot (PSF) of RM 381.

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 530K to RM 587K, and a typical market range of RM 530K to RM 609K.

Within the Double Storey Terraced 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 381, though individual units vary from RM 291 to RM 471 in the core range. The broader market spans RM 307.75 to RM 454.25, indicating diverse property characteristics. The spread of RM 146.50 (IQR) and deviation of RM 90 (MAD) suggest moderate price variations reflecting different property features.

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

3 properties grouped by size

1,150 sqft
1 units Double Storey Terraced
RM 650,000
JLN TANG YEE BIEW
1,142 sqft · RM 569.00 PSF
Mar 2023
1,400 sqft
2 units Double Storey Terraced
RM 530,000
JLN ONG KIM WEE
1,406 sqft · RM 377.00 PSF
Dec 2023
RM 530,000
JALAN ONG KIM WEE
1,390 sqft · RM 381.00 PSF
Oct 2022