|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong 17
|
RM 493,000
|
RM 233
|
2,115 sqft
|
|
Terrace |
|
Jalan Ujong Pasir
|
RM 485,000
|
RM 233
|
2,080 sqft
|
|
Terrace |
| 2023 | |||||
|
Lorong 17
|
RM 398,000
|
RM 188
|
2,115 sqft
|
|
Terrace |
| 2022 | |||||
|
Lorong 1
|
RM 315,000
|
RM 150
|
2,094 sqft
|
|
Terrace |
| 2021 | |||||
|
Jalan Ujong Pasir
|
RM 310,000
|
RM 149
|
2,080 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 398,000
RM 188 psfMedian transaction price
Taman Hilir, 75050 Melaka, Malaysia
MapsTaman Hilir in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, sized between 2,075 and 2,124 sqft, with a median price of RM 398K and a median price per square foot (PSF) of RM 188.
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 398K, with most transactions falling within a stable range of RM 319K to RM 477K, and a typical market range of RM 333K to RM 463K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 188, with core pricing between RM 151 and RM 226. Market pricing typically extends from RM 158.69 to RM 217.69, reflecting moderate variation in unit pricing. The spread of RM 59.00 (IQR) and deviation of RM 37 (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.