Jalan Ong Kim Wee in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM600K and a median price per square foot (PSF) of RM320.

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 RM600K, with most transactions falling within a stable range of RM520K to RM680K, and a typical market range of RM516K to RM684K.

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

The median PSF stands at RM320, with core pricing between RM261 and RM379. Market pricing typically extends from RM263.38 to RM376.63, reflecting moderate variation in unit pricing. The spread of RM113.25 (IQR) and deviation of RM59 (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.