Jalan Ong Kim Wee

Melaka, Malaysia

Property Transactions

5 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,450 sqft
2-Sty Terrace
RM530,000
Jalan Ong Kim Wee
1,442 sqft · RM367 PSF
1,500 sqft
Terrace
RM400,000
Jalan Hang Tuah
1,509 sqft · RM265 PSF
2,050 sqft
Semi-D
RM680,000
Jalan Ong Keng Hoon
2,038 sqft · RM334 PSF
2,500 sqft
Semi-D
RM525,000
Jalan Ong Keng Hoon
2,509 sqft · RM209 PSF
3,100 sqft
2-Sty Shop
RM650,000
Jalan Ong Kim Wee
3,089 sqft · RM210 PSF
Legend Recent Highest Price Highest PSF

Selling in Jalan Ong Kim Wee? Homes here sold for a median of RM530,000.

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Market Snapshot

RM527,500

RM299 psf

Median transaction price

RM650,000

RM210 psf

Median transaction price

Jalan Ong Kim Wee
© OpenStreetMap · CARTO

Jalan Ong Kim Wee, Melaka, Malaysia

Maps

Jalan Ong Kim Wee in Melaka Tengah, Melaka recorded 5 subsale transactions in 2022, with a median price of RM530K and a median price per square foot (PSF) of RM265.

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 RM530K, with most transactions falling within a stable range of RM430K to RM630K, and a typical market range of RM446K to RM614K.

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

Price per square foot shows a median of RM265, though individual units vary from RM201 to RM329 in the core range. The broader market spans RM208.45 to RM321.71, indicating diverse property characteristics. The spread of RM113.25 (IQR) and deviation of RM64 (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.