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Market Snapshot
ResidentialRM 428,000
RM 254 psfMedian transaction price
Jalan Bukit Baru, Taman Sin Hoe, 75150 Melaka, Malaysia
MapsTaman Sin Hoe in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, sized between 1,675 and 1,724 sqft, with a median price of RM 428K and a median price per square foot (PSF) of RM 254.
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.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 254, with most transactions between RM 254 and RM 254. The usual range is RM 198.09 to RM 310.84, showing that most units are priced quite close to each other. With an IQR of RM 112.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.