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Market Snapshot
ResidentialRM 465,000
RM 261 psfMedian transaction price
Taman Hilir, 75050 Melaka, Malaysia
MapsTaman Hilir in Melaka Tengah, Melaka recorded 2 subsale transactions between 2021 and 2026, sized between 1,775 and 1,824 sqft, with a median price of RM 465K and a median price per square foot (PSF) of RM 261.
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 465K, with most transactions falling within a stable range of RM 350K to RM 580K, and a typical market range of RM 400K to RM 530K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 261, though individual units vary from RM 196 to RM 325 in the core range. The broader market spans RM 231.45 to RM 290.45, indicating diverse property characteristics. The spread of RM 59.00 (IQR) and deviation of RM 65 (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.