TAMAN HILIR

TAMAN HILIR in Melaka Tengah, Melaka recorded 16 subsale transactions in 2024, with a median price of RM 428K and a median price per square foot (PSF) of RM 272.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 428K, with most transactions falling within a stable range of RM 363K to RM 493K, and a typical market range of RM 363K to RM 492K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 272, with core pricing between RM 242 and RM 302. Market pricing typically extends from RM 239.88 to RM 304.13, reflecting moderate variation in unit pricing. With an IQR of RM 64.25 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

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.