Area Intelligence

JALAN ONG KIM WEE

1 properties
4-Storey Storey Shop
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Median Price
RM 2,000,000
PSF: RM 1,126

Residential Market

Median Price

RM 530,000

IQR: RM 99
MAD: RM 52
RM 325 PSF 1.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,000,000

IQR: RM 313
MAD: RM 113
RM 1,126 PSF 57.1%

PSF Trends (2021-2025)

JALAN ONG KIM WEE in Melaka Tengah, Melaka recorded 1 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 2.00 million and a median price per square foot (PSF) of RM 1,126.

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.

Within the 4-Storey Storey Shop 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 1,126, with most transactions between RM 1,126 and RM 1,126. The usual range is RM 1,052.75 to RM 1,199.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JALAN ONG KIM WEE, Melaka Tengah, Melaka

OSM

Transactions

1 properties grouped by size

1,800 sqft
1 units 4-Storey Storey Shop
RM 2,000,000
JLN ONG KIM WEE
1,776 sqft · RM 1,126.00 PSF
Feb 2024