Property Type
Selling in Jalan Parameswara? Homes here sold for a median of RM395,000.
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Jalan Parameswara
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bdr Melaka
Market Snapshot
ResidentialRM395,000
RM233 psfMedian transaction price
Jln Parameswara, Melaka, Malaysia
MapsJalan Parameswara in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 1,675 and 1,724 sqft, with a median price of RM395K and a median price per square foot (PSF) of RM233.
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.
Most transactions involved detached, with high diversity across multiple property types.
For price per square foot, the median is RM233, with most transactions between RM233 and RM233. The usual range is RM182.69 to RM283.69, showing that most units are priced quite close to each other. With an IQR of RM101.00 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.
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.