TAMAN MELOR 3

Area Intelligence

2023

Median Price

RM 459,000

PSF: RM 282

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Residential PSF Trends

Median Price

RM 457,000

PSF: RM 282

Commercial PSF Trends

Median Price

RM 750,000

RM 536 PSF

TAMAN MELOR 3 in Hilir Perak, Perak recorded 15 subsale transactions in 2023, with a median price of RM 459K and a median price per square foot (PSF) of RM 282.

This area contains both residential and commercial properties. View 21 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 459K, with most transactions falling within a stable range of RM 550K to RM 559K, and a typical market range of RM 550K to RM 473K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 282, though individual units vary from RM 58 to RM 506 in the core range. The broader market spans RM 251.00 to RM 313.00, indicating diverse property characteristics. A wider spread (IQR: RM 62.00) and deviation (MAD: RM 224) 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELOR 3, Hilir Perak, Perak

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