Area Intelligence

JALAN PARAMESWARA

3 properties
Single Storey Semi-D
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Median Price
RM 395,000
PSF: RM 240

Residential Market

Median Price

RM 395,000

IQR: RM 110
MAD: RM 69
RM 240 PSF 0.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,700,000

RM 629 PSF

PSF Trends (2021-2025)

JALAN PARAMESWARA in Melaka Tengah, Melaka recorded 3 Single Storey Semi-D properties subsale transactions between 2021 and 2025 for single storey semi-d properties, with a median price of RM 395K and a median price per square foot (PSF) of RM 240.

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 395K, with most transactions falling within a stable range of RM 385K to RM 531K, and a typical market range of RM 385K to RM 642K.

Within the Single Storey Semi-D category, detached dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 240, with most transactions between RM 236 and RM 244. The usual range is RM 204.25 to RM 275.75, showing that most units are priced quite close to each other. With an IQR of RM 71.50 and MAD of RM 4, 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.

Area Location

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JALAN PARAMESWARA, Melaka Tengah, Melaka

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Transactions

3 properties grouped by size

1,600 sqft
1 units Single Storey Semi-D
RM 385,000
JLN PARAMESWARA
1,603 sqft · RM 240.00 PSF
Apr 2022
1,700 sqft
1 units Single Storey Semi-D
RM 395,000
JLN PARAMESWARA
1,694 sqft · RM 233.00 PSF
Oct 2024
2,800 sqft
1 units Single Storey Semi-D
RM 678,000
JLN PARAMESWARA
2,789 sqft · RM 243.00 PSF
Oct 2024