TAMAN MELOR in Hilir Perak, Perak recorded 3 subsale transactions in 2021, with a median price of RM 235K and a median price per square foot (PSF) of RM 139.
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 235K, with most transactions falling within a stable range of RM 203K to RM 268K, and a typical market range of RM 211K to RM 259K.
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 139, though individual units vary from RM 103 to RM 176 in the core range. The broader market spans RM 110.63 to RM 167.38, indicating diverse property characteristics. A wider spread (IQR: RM 56.75) and deviation (MAD: RM 37) 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.
