Jalan Parameswara

Jln Parameswara, Melaka, Malaysia

Property Transactions

2 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,350 sqft
Terrace
RM310,000
Jalan Chan Koon Cheng
1,350 sqft · RM230 PSF
RM280,000
Lorong Satu
1,339 sqft · RM209 PSF
Legend Recent Highest Price Highest PSF

Selling in Jalan Parameswara? Homes here sold for a median of RM295,000.

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Market Snapshot

Residential

RM295,000

RM219 psf

Median transaction price

Jalan Parameswara in Melaka Tengah, Melaka recorded 2 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM295K and a median price per square foot (PSF) of RM219.

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 RM295K, with most transactions falling within a stable range of RM280K to RM310K, and a typical market range of RM280K to RM310K.

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

For price per square foot, the median is RM219, with most transactions between RM209 and RM230. The usual range is RM168.88 to RM269.88, showing that most units are priced quite close to each other. With an IQR of RM101.00 and MAD of RM10, 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.