TAMAN HILIR

Area Intelligence

2021

Median Price

RM 435,000

PSF: RM 194

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Residential PSF Trends

Median Price

RM 435,000

PSF: RM 194

TAMAN HILIR in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM 435K and a median price per square foot (PSF) of RM 194.

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 435K, with most transactions falling within a stable range of RM 357K to RM 499K, and a typical market range of RM 371K to RM 499K.

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

Price per square foot shows a median of RM 194, though individual units vary from RM 132 to RM 256 in the core range. The broader market spans RM 161.88 to RM 226.13, indicating diverse property characteristics. A wider spread (IQR: RM 64.25) and deviation (MAD: RM 62) indicate significant PSF variations, likely due to diverse property types or conditions.

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 HILIR, Melaka Tengah, Melaka

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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RM 310,000

JALAN UJONG PASIR

2,080 sqft • RM 149.00 PSF

Dec 2021

RM 499,000

LORONG 2

1,679 sqft • RM 297.00 PSF

Dec 2021

RM 435,000

LORONG 13

2,246 sqft • RM 194.00 PSF

Dec 2021

Road	Price	Land PSF	Land	Date	Type
JALAN UJONG PASIR	RM 310,000	RM 149.00	2,080 sqft	Dec 2021	Single Storey Terraced
LORONG 2	RM 499,000	RM 297.00	1,679 sqft	Dec 2021	Single Storey Terraced
LORONG 13	RM 435,000	RM 194.00	2,246 sqft	Dec 2021	Single Storey Terraced