TAMAN SIN HOE

Area Intelligence
2023
Median Price
RM 559,500
PSF: RM 173

Residential PSF Trends

Median Price

RM 559,500

PSF: RM 173

Commercial PSF Trends

Median Price

RM 710,000

RM 444 PSF

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 388K to RM 752K, 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 103 to RM 243 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 70) 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.

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TAMAN SIN HOE, Melaka Tengah, Melaka

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Transactions

6 transactions grouped by size

1,200 sqft
Single Storey Terraced
RM 400,000
JALAN SIN HOE GARDEN
1,200 sqft · RM 333 PSF
1,600 sqft
Single Storey Terraced
RM 388,000
PEKAN BKT.BARU
1,609 sqft · RM 241 PSF
2,700 sqft
Single Storey Terraced
RM 480,000
JALAN PELANDUK
2,684 sqft · RM 179 PSF
3,850 sqft
Single Storey Semi-D
RM 639,000
LORONG SINGA 3
3,831 sqft · RM 167 PSF
5,600 sqft
Bungalow
RM 930,000
JALAN TAMAN SIN HOE GARDEN
5,576 sqft · RM 167 PSF
6,350 sqft
Bungalow
RM 715,000
JALAN PELANDUK
6,360 sqft · RM 112 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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