Area Intelligence

JALAN PARAMESWARA

1 properties
3-Storey Storey Shop
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Median Price
RM 1,700,000
PSF: RM 629

Residential Market

Median Price

RM 380,000

IQR: RM 110
MAD: RM 69
RM 209 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 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 629.

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.

Within the 3-Storey Storey Shop category, detached dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 629, with most transactions between RM 629 and RM 629. The usual range is RM 593.25 to RM 664.75, showing that most units are priced quite close to each other. With an IQR of RM 71.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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

1 properties grouped by size

2,700 sqft
1 units 3-Storey Storey Shop
RM 1,700,000
JLN CHAN KOON CHENG
2,702 sqft · RM 629.00 PSF
Dec 2022