Jalan Parameswara

Jln Parameswara, Melaka, Malaysia

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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 0 subsale transactions in 2026, with a median price of RM418K and a median price per square foot (PSF) of RM232.

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 RM167K to RM668K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM232, though individual units vary from RM169 to RM295 in the core range. The broader market spans RM181.00 to RM282.00, 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.