TAMAN SIN HOE

Area Intelligence

2023

Median Price

RM 677,000

PSF: RM 140

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Residential PSF Trends

Median Price

RM 677,000

PSF: RM 140

TAMAN SIN HOE in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced between RM 500K and RM 750K, with a median price of RM 677K and a median price per square foot (PSF) of RM 140.

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 677K, with most transactions falling within a stable range of RM 639K to RM 715K, and a typical market range of RM 639K to RM 715K.

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

The median PSF stands at RM 140, with core pricing between RM 112 and RM 167. Market pricing typically extends from RM 83.25 to RM 196.00, reflecting moderate variation in unit pricing. The spread of RM 112.75 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SIN HOE, Melaka Tengah, Melaka

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