Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 215,000
|
RM 253
|
850 sqft
|
|
|
|
Level 1
|
RM 250,000
|
RM 298
|
840 sqft
|
|
|
Level 5
|
RM 138,000
|
RM 154
|
893 sqft
|
|
|
|
Level 4
|
RM 140,000
|
RM 157
|
893 sqft
|
|
|
|
Level 5
|
RM 145,000
|
RM 162
|
893 sqft
|
|
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Market Snapshot
ResidentialRM 152,500
RM 208 psfMedian transaction price
Taman Hilir, 75050 Melaka, Malaysia
MapsPangsapuri Taman Hilir Kota in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 153K and a median price per square foot (PSF) of RM 208.
This area contains both residential and commercial properties. View 21 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 153K, with most transactions falling within a stable range of RM 138K to RM 195K, and a typical market range of RM 138K to RM 191K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM 208, though individual units vary from RM 149 to RM 266 in the core range. The broader market spans RM 177.32 to RM 237.82, indicating diverse property characteristics. A wider spread (IQR: RM 60.50) and deviation (MAD: RM 59) 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.