TAMAN SIN HOE

Area Intelligence

2023

Median Price

RM 822,500

PSF: RM 140

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Residential PSF Trends

Median Price

RM 822,500

PSF: RM 140

Commercial PSF Trends

Median Price

RM 710,000

RM 444 PSF

TAMAN SIN HOE in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 823K 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 823K, with most transactions falling within a stable range of RM 715K to RM 930K, and a typical market range of RM 715K to RM 930K.

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 83.13 to RM 195.88, reflecting moderate variation in unit pricing. The spread of RM 112.75 (IQR) and deviation of RM 28 (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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