Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 14
|
RM 130,000
|
RM 118
|
1,098 sqft
|
|
|
Lorong 4
|
RM 280,000
|
RM 234
|
1,195 sqft
|
|
|
|
Lorong 2
|
RM 228,000
|
RM 191
|
1,195 sqft
|
|
|
|
Lorong 6
|
RM 220,000
|
RM 184
|
1,195 sqft
|
|
|
Lorong 8
|
RM 250,000
|
RM 179
|
1,399 sqft
|
|
|
Lorong 10
|
RM 390,000
|
RM 152
|
2,573 sqft
|
|
|
Persiaran Melor 1
|
RM 660,000
|
RM 163
|
4,058 sqft
|
|
|
Lorong 5A
|
RM 250,000
|
RM 25
|
10,043 sqft
|
|
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Market Snapshot
ResidentialRM 250,000
RM 179 psfMedian transaction price
Taman Melor, Hilir Perak, Perak
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 171.
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 130K to RM 401K, 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 171, though individual units vary from RM 112 to RM 229 in the core range. The broader market spans RM 142.28 to RM 199.03, indicating diverse property characteristics. A wider spread (IQR: RM 56.75) and deviation (MAD: RM 58) 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.