Jalan Ujong Pasir

Melaka, Malaysia

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Selling in Jalan Ujong Pasir? Homes here sold for a median of RM635,000.

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Jalan Ujong Pasir, Melaka, Malaysia

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Jalan Ujong Pasir in Melaka Tengah, Melaka recorded 0 subsale transactions in 2023, with a median price of RM635K and a median price per square foot (PSF) of RM313.

This area contains both residential and commercial properties. View 3 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM635K, with most transactions falling within a stable range of RM480K to RM790K, and a typical market range of RM504K to RM766K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM313, though individual units vary from RM192 to RM434 in the core range. The broader market spans RM224.75 to RM401.25, indicating diverse property characteristics. A wider spread (IQR: RM176.50) and deviation (MAD: RM121) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.