Jalan Parameswara

Jln Parameswara, Melaka, Malaysia

Property Transactions

7 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,350 sqft
Terrace
RM310,000
Jalan Chan Koon Cheng
1,350 sqft · RM230 PSF
1,700 sqft
Semi-D
RM395,000
Jalan Parameswara
1,694 sqft · RM233 PSF
2,450 sqft
Semi-D
RM950,000
Lorong Laksamana Cheng Ho 7
2,430 sqft · RM391 PSF
2,600 sqft
Bungalow
RM440,000
Lorong Praya
2,614 sqft · RM168 PSF
2,650 sqft
Bungalow
RM390,000
Jalan Parameswara
2,631 sqft · RM148 PSF
2,800 sqft
Semi-D
RM678,000
Jalan Parameswara
2,789 sqft · RM243 PSF
2,900 sqft
Bungalow
RM300,000
Jalan Parameswara
2,918 sqft · RM103 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM395,000

RM230 psf

Median transaction price

Jalan Parameswara in Melaka Tengah, Melaka recorded 7 subsale transactions between 2021 and 2026, with a median price of RM395K and a median price per square foot (PSF) of RM230.

This area contains both residential and commercial properties. View 10 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 RM395K, with most transactions falling within a stable range of RM300K to RM614K, and a typical market range of RM300K to RM645K.

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

Price per square foot shows a median of RM230, though individual units vary from RM144 to RM315 in the core range. The broader market spans RM179.13 to RM280.13, indicating diverse property characteristics. A wider spread (IQR: RM101.00) and deviation (MAD: RM86) indicate significant PSF variations, likely due to diverse property types or conditions.

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.