Jalan Parameswara

Jln Parameswara, Melaka, Malaysia

Property Transactions

3 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
Semi-D
RM385,000
Jalan Parameswara
1,603 sqft · RM240 PSF
1,700 sqft
Semi-D
RM395,000
Jalan Parameswara
1,694 sqft · RM233 PSF
2,800 sqft
Semi-D
RM678,000
Jalan Parameswara
2,789 sqft · RM243 PSF
Legend Recent Highest Price Highest PSF

Selling in Jalan Parameswara? Homes here sold for a median of RM395,000.

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Market Snapshot

Residential

RM395,000

RM240 psf

Median transaction price

Jalan Parameswara in Melaka Tengah, Melaka recorded 3 Single Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM395K and a median price per square foot (PSF) of RM240.

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 RM395K, with most transactions falling within a stable range of RM385K to RM531K, and a typical market range of RM385K to RM645K.

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 RM240, with most transactions between RM236 and RM244. The usual range is RM189.68 to RM290.68, showing that most units are priced quite close to each other. With an IQR of RM101.00 and MAD of RM4, 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.