JALAN PARAMESWARA
Residential Market
Median Price
RM 352,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 1,700,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Detached
4 properties
Median Price
RM 804,500
-21.1% CAGR
Median PSF
RM 144.50
-15.2% CAGR
Single Storey Semi-D
3 properties
Median Price
RM 460,750
+18.0% CAGR
Median PSF
RM 239.00
-0.4% CAGR
Single Storey Terraced
2 properties
Median Price
RM 295,000
+10.7% CAGR
Median PSF
RM 219.50
+10.0% CAGR
Double Storey Terraced
1 properties
Median Price
RM 380,000
Median PSF
RM 278.00
3-Storey Storey Shop
1 properties
Median Price
RM 1,700,000
Median PSF
RM 629.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Detached | 4 |
RM 804,500
±210K MAD
|
-21.07% |
RM 144.50
±33 MAD
|
-15.22% | |
Single Storey Semi-D | 3 |
RM 460,750
±76K MAD
|
+18.05% |
RM 239.00
±1 MAD
|
-0.42% | |
Single Storey Terraced | 2 |
RM 295,000
±15K MAD
|
+10.71% |
RM 219.50
±11 MAD
|
+10.05% | |
Double Storey Terraced | 1 |
RM 380,000
|
- |
RM 278.00
|
- | |
3-Storey Storey Shop | 1 |
RM 1,700,000
|
- |
RM 629.00
|
- |
JALAN PARAMESWARA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 353K and a median price per square foot (PSF) of RM 232.
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 353K, with most transactions falling within a stable range of RM 300K to RM 506K, and a typical market range of RM 300K to RM 599K.
Most transactions involved detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 232, though individual units vary from RM 174 to RM 289 in the core range. The broader market spans RM 195.75 to RM 267.25, indicating diverse property characteristics. The spread of RM 71.50 (IQR) and deviation of RM 58 (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.
Filter by type, year, price, and size
Transactions
4 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Detached |
JLN PARAMESWARA
|
RM 300,000
|
RM 103.00
|
2,918 sqft
|
Dec 2024
|
Single Storey Semi-D |
JLN PARAMESWARA
|
RM 395,000
|
RM 233.00
|
1,694 sqft
|
Oct 2024
|
Single Storey Semi-D |
JLN PARAMESWARA
|
RM 678,000
|
RM 243.00
|
2,789 sqft
|
Oct 2024
|
Single Storey Terraced |
JLN CHAN KOON CHENG
|
RM 310,000
|
RM 230.00
|
1,350 sqft
|
Jun 2024
|