Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 12
|
RM 166,000
|
RM 151
|
1,098 sqft
|
|
|
Lorong 4
|
RM 230,000
|
RM 193
|
1,195 sqft
|
|
|
Lorong 12
|
RM 175,000
|
RM 84
|
2,088 sqft
|
|
|
Lorong 1
|
RM 500,000
|
RM 123
|
4,058 sqft
|
|
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Market Snapshot
ResidentialRM 175,000
RM 151 psfMedian transaction price
Taman Melor, Hilir Perak, Perak
Taman Melor in Hilir Perak, Perak recorded 4 subsale transactions in 2022, with a median price of RM 203K and a median price per square foot (PSF) of RM 137.
This area contains both residential and commercial properties. View 13 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 203K, with most transactions falling within a stable range of RM 166K to RM 339K, and a typical market range of RM 178K to RM 227K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 137, though individual units vary from RM 98 to RM 177 in the core range. The broader market spans RM 108.82 to RM 165.58, indicating diverse property characteristics. A wider spread (IQR: RM 56.75) and deviation (MAD: RM 40) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.