Jalan Parameswara

Jln Parameswara, Melaka, Malaysia

Property Transactions

6 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
2,600 sqft
Bungalow
RM440,000
Lorong Praya
2,614 sqft · RM168 PSF
2,650 sqft
Bungalow
RM390,000
Jalan Parameswara
2,631 sqft · RM148 PSF
2,900 sqft
Bungalow
RM300,000
Jalan Parameswara
2,918 sqft · RM103 PSF
3,100 sqft
Bungalow
RM999,000
Jalan Parameswara
3,080 sqft · RM324 PSF
3,600 sqft
Bungalow
RM610,000
Jalan Parameswara
3,618 sqft · RM169 PSF
8,600 sqft
Bungalow
RM1,030,000
Jalan Melaka Raya 12
8,581 sqft · RM120 PSF
Legend Recent Highest Price Highest PSF

Selling in Jalan Parameswara? Homes here sold for a median of RM525,000.

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Market Snapshot

Residential

RM525,000

RM158 psf

Median transaction price

Jalan Parameswara in Melaka Tengah, Melaka recorded 6 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM525K and a median price per square foot (PSF) of RM158.

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 RM525K, with most transactions falling within a stable range of RM300K to RM813K, and a typical market range of RM300K to RM775K.

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

Price per square foot shows a median of RM158, though individual units vary from RM86 to RM230 in the core range. The broader market spans RM107.62 to RM208.62, indicating diverse property characteristics. A wider spread (IQR: RM101.00) and deviation (MAD: RM72) 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.