Jalan Parameswara

Jln Parameswara, Melaka, Malaysia

Property Transactions

1 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM950,000
Lorong Laksamana Cheng Ho 7
2,430 sqft RM391 PSF
Legend Recent Highest Price Highest PSF

Selling in Jalan Parameswara? Homes here sold for a median of RM950,000.

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Market Snapshot

Residential

RM950,000

RM391 psf

Median transaction price

Jalan Parameswara in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 2,425 and 2,474 sqft, with a median price of RM950K and a median price per square foot (PSF) of RM391.

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 RM391, with most transactions between RM391 and RM391. The usual range is RM340.45 to RM441.45, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.