TAMAN SIN HOE in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 173.
This area contains both residential and commercial properties. View 10 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 560K, with most transactions falling within a stable range of RM 451K to RM 668K, and a typical market range of RM 405K to RM 714K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 173, though individual units vary from RM 106 to RM 241 in the core range. The broader market spans RM 116.63 to RM 229.38, indicating diverse property characteristics. A wider spread (IQR: RM 112.75) and deviation (MAD: RM 68) 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.
