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

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Transactions

11 properties found

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