TAMAN MELOR

Area Intelligence

2023

Median Price

RM 250,000

PSF: RM 182

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 179

Commercial PSF Trends

Median Price

RM 660,000

RM 472 PSF

TAMAN MELOR in Hilir Perak, Perak recorded 8 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 182.

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 250K, with most transactions falling within a stable range of RM 203K to RM 280K, and a typical market range of RM 226K to RM 274K.

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 182, though individual units vary from RM 114 to RM 249 in the core range. The broader market spans RM 153.13 to RM 209.88, indicating diverse property characteristics. A wider spread (IQR: RM 56.75) and deviation (MAD: RM 67) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MELOR, Hilir Perak, Perak

OSM

Track location

Transactions

6 transactions found

Popular Ranges

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

Custom Range

Min Price (RM)

Max Price (RM)

Clear

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

Min Size (sqft)

Max Size (sqft)

Clear

RM 250,000

LORONG 5A

10,043 sqft • RM 25.00 PSF

Dec 2023

RM 280,000

LORONG 4

1,195 sqft • RM 234.00 PSF

Sep 2023

RM 130,000

LORONG 14

1,098 sqft • RM 118.00 PSF

Aug 2023

RM 250,000

LORONG 8

1,399 sqft • RM 179.00 PSF

Jul 2023

RM 228,000

LORONG 2

1,195 sqft • RM 191.00 PSF

Apr 2023

RM 220,000

LORONG 6

1,195 sqft • RM 184.00 PSF

Apr 2023

Road	Price	Land PSF	Land	Date	Type
LORONG 5A	RM 250,000	RM 25.00	10,043 sqft	Dec 2023	Bungalow
LORONG 4	RM 280,000	RM 234.00	1,195 sqft	Sep 2023	Single Storey Terraced
LORONG 14	RM 130,000	RM 118.00	1,098 sqft	Aug 2023	Low-Cost House
LORONG 8	RM 250,000	RM 179.00	1,399 sqft	Jul 2023	Single Storey Terraced
LORONG 2	RM 228,000	RM 191.00	1,195 sqft	Apr 2023	Single Storey Terraced
LORONG 6	RM 220,000	RM 184.00	1,195 sqft	Apr 2023	Single Storey Terraced