Area Intelligence

JALAN ONG KIM WEE

2 properties
2025
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Median Price
RM 385,000
PSF: RM 222

Residential Market

Median Price

RM 385,000

IQR: RM 99
MAD: RM 52
RM 222 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 2 subsale transactions in 2025, with a median price of RM 385K and a median price per square foot (PSF) of RM 222.

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 385K, with most transactions falling within a stable range of RM 355K to RM 415K, and a typical market range of RM 355K to RM 415K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 222, with most transactions between RM 216 and RM 228. The usual range is RM 148.75 to RM 295.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 6, 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

2 properties grouped by size

1,550 sqft
1 units Single Storey Terraced
RM 355,000
JLN TAN YEW BIEW OFF JLN HANG TUAH
1,554 sqft · RM 228.00 PSF
Jan 2025
1,900 sqft
1 units Single Storey Terraced
RM 415,000
JLN HANG TUAH
1,921 sqft · RM 216.00 PSF
Feb 2025