Area Intelligence

JALAN PARAMESWARA

4 properties
Detached
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Median Price
RM 804,500
PSF: RM 145

Residential Market

Median Price

RM 804,500

IQR: RM 110
MAD: RM 69
RM 145 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 4 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 805K and a median price per square foot (PSF) of RM 145.

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 805K, with most transactions falling within a stable range of RM 504K to RM 1.03 million, and a typical market range of RM 558K to RM 1.03 million.

Within the Detached category, detached dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 145, though individual units vary from RM 57 to RM 232 in the core range. The broader market spans RM 108.75 to RM 180.25, indicating diverse property characteristics. A wider spread (IQR: RM 71.50) and deviation (MAD: RM 87) 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.

Area Location

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JALAN PARAMESWARA, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

2,900 sqft
1 units Detached
RM 300,000
JLN PARAMESWARA
2,918 sqft · RM 103.00 PSF
Dec 2024
3,100 sqft
1 units Detached
RM 999,000
JLN PARAMESWARA
3,080 sqft · RM 324.00 PSF
Dec 2023
3,600 sqft
1 units Detached
RM 610,000
JLN PARAMESWARA
3,618 sqft · RM 169.00 PSF
Nov 2021
8,600 sqft
1 units Detached
RM 1,030,000
JLN MELAKA RAYA 12
8,581 sqft · RM 120.00 PSF
Jul 2022