TAMAN MELOR

Area Intelligence
2022
Median Price
RM 230,000
PSF: RM 193

Residential PSF Trends

Median Price

RM 198,000

PSF: RM 172

Commercial PSF Trends

Median Price

RM 500,000

RM 357 PSF

TAMAN MELOR in Hilir Perak, Perak recorded 3 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 193.

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 230K, with most transactions falling within a stable range of RM 166K to RM 375K, and a typical market range of RM 206K to RM 254K.

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 193, though individual units vary from RM 104 to RM 282 in the core range. The broader market spans RM 164.63 to RM 221.38, indicating diverse property characteristics. A wider spread (IQR: RM 56.75) and deviation (MAD: RM 89) 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

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Transactions

3 transactions grouped by size

1,100 sqft
Low-Cost House
RM 166,000
LORONG 12
1,098 sqft · RM 151 PSF
1,200 sqft
Single Storey Terraced
RM 230,000
LORONG 4
1,195 sqft · RM 193 PSF
1,400 sqft
3-Storey Shop
RM 500,000
LORONG 1
1,399 sqft · RM 357 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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