Area Intelligence

JALAN PARAMESWARA

11 properties
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Median Price
RM 395,000
PSF: RM 233

Residential Market

Median Price

RM 380,000

IQR: RM 110
MAD: RM 69
RM 209 PSF 0.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,700,000

RM 629 PSF

PSF Trends (2021-2025)

JALAN PARAMESWARA in Melaka Tengah, Melaka recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 395K and a median price per square foot (PSF) of RM 233.

This area contains both residential and commercial properties. View 7 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 395K, with most transactions falling within a stable range of RM 280K to RM 510K, and a typical market range of RM 280K to RM 642K.

Most transactions involved detached, with high diversity across multiple property types.

The median PSF stands at RM 233, with core pricing between RM 188 and RM 278. Market pricing typically extends from RM 197.25 to RM 268.75, reflecting moderate variation in unit pricing. The spread of RM 71.50 (IQR) and deviation of RM 45 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JALAN PARAMESWARA, Melaka Tengah, Melaka

OSM

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Transactions

11 properties grouped by size

1,350 sqft
3 units
RM 310,000
Single Storey Terraced JLN CHAN KOON CHENG
1,350 sqft · RM 230.00 PSF
Jun 2024
RM 280,000
Single Storey Terraced LRG SATU
1,339 sqft · RM 209.00 PSF
Dec 2023
RM 380,000
Double Storey Terraced JLN. CHAN KOON CHENG
1,369 sqft · RM 278.00 PSF
Sep 2022
1,600 sqft
1 units Single Storey Semi-D
RM 385,000
JLN PARAMESWARA
1,603 sqft · RM 240.00 PSF
Apr 2022
1,700 sqft
1 units Single Storey Semi-D
RM 395,000
JLN PARAMESWARA
1,694 sqft · RM 233.00 PSF
Oct 2024
2,700 sqft
1 units 3-Storey Storey Shop
RM 1,700,000
JLN CHAN KOON CHENG
2,702 sqft · RM 629.00 PSF
Dec 2022
2,800 sqft
1 units Single Storey Semi-D
RM 678,000
JLN PARAMESWARA
2,789 sqft · RM 243.00 PSF
Oct 2024
2,900 sqft
1 units Detached
RM 300,000
JLN PARAMESWARA
2,918 sqft · RM 103.00 PSF
Dec 2024
3,100 sqft
1 units Detached
RM 999,000
JLN PARAMESWARA
3,080 sqft · RM 324.00 PSF
Dec 2023
3,600 sqft
1 units Detached
RM 610,000
JLN PARAMESWARA
3,618 sqft · RM 169.00 PSF
Nov 2021
8,600 sqft
1 units Detached
RM 1,030,000
JLN MELAKA RAYA 12
8,581 sqft · RM 120.00 PSF
Jul 2022