TAMAN SIN HOE in Melaka Tengah, Melaka recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 424K and a median price per square foot (PSF) of RM 264.
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 424K, with most transactions falling within a stable range of RM 316K to RM 533K, and a typical market range of RM 270K to RM 578K.
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 264, though individual units vary from RM 196 to RM 331 in the core range. The broader market spans RM 207.13 to RM 319.88, 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.
