Jalan Parameswara

Jln Parameswara, Melaka, Malaysia

Property Transactions

14 subsales found

Period
transactions middle 50% (P25–P75)
RM440,000
Lorong Praya
2,614 sqft RM168 PSF
RM950,000
Lorong Laksamana Cheng Ho 7
2,430 sqft RM391 PSF
RM390,000
Jalan Parameswara
2,631 sqft RM148 PSF
RM300,000
Jalan Parameswara
2,918 sqft RM103 PSF
RM395,000
Jalan Parameswara
1,694 sqft RM233 PSF
RM678,000
Jalan Parameswara
2,789 sqft RM243 PSF
RM310,000
Jalan Chan Koon Cheng
1,350 sqft RM230 PSF
RM280,000
Lorong Satu
1,339 sqft RM209 PSF
RM999,000
Jalan Parameswara
3,080 sqft RM324 PSF
RM1,700,000
Jalan Chan Koon Cheng
8,041 sqft RM211 PSF
RM380,000
Jalan. Chan Koon Cheng
1,518 sqft RM250 PSF
RM1,030,000
Jalan Melaka Raya 12
8,581 sqft RM120 PSF
RM385,000
Jalan Parameswara
1,603 sqft RM240 PSF
RM610,000
Jalan Parameswara
3,618 sqft RM169 PSF
Legend Recent Highest Price Highest PSF

Selling in Jalan Parameswara? Homes here sold for a median of RM417,500.

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Market Snapshot

Residential

RM415,000

RM189 psf

Median transaction price

Jalan Parameswara in Melaka Tengah, Melaka recorded 14 subsale transactions between 2021 and 2026, with a median price of RM418K 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 RM418K, with most transactions falling within a stable range of RM290K to RM545K, and a typical market range of RM280K to RM668K.

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 RM167 to RM293 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: RM63) 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.