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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM424,000
RM213 psfMedian transaction price
Jalan Bukit Baru, Taman Sin Hoe, 75150 Melaka, Malaysia
MapsTaman Sin Hoe in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM469K and a median price per square foot (PSF) of RM241.
This area contains both residential and commercial properties. View 10 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM469K, with most transactions falling within a stable range of RM360K to RM577K, and a typical market range of RM314K to RM623K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM241, though individual units vary from RM173 to RM308 in the core range. The broader market spans RM184.13 to RM296.88, indicating diverse property characteristics. A wider spread (IQR: RM112.75) and deviation (MAD: RM68) 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.