Area Intelligence

TMN SIN HOE

4 properties
2022
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Median Price
RM 399,000
PSF: RM 247

Residential Market

Median Price

RM 370,000

IQR: RM 81
MAD: RM 44
RM 240 PSF 8.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 457,000

IQR: RM 98
MAD: RM 37
RM 286 PSF 29.7%

PSF Trends (2021-2025)

TMN SIN HOE in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 399K and a median price per square foot (PSF) of RM 247.

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 RM 399K, with most transactions falling within a stable range of RM 356K to RM 442K, and a typical market range of RM 350K to RM 457K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 247, with core pricing between RM 211 and RM 283. Market pricing typically extends from RM 190.63 to RM 303.38, reflecting moderate variation in unit pricing. With an IQR of RM 112.75 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN SIN HOE, Melaka Tengah, Melaka

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Transactions

4 properties found

Single Storey Terraced LORONG SIN HOE5
RM 428,000
1,682 sqft Aug 2022
RM 254.00 PSF
Single Storey Terraced JALAN RUSA
RM 350,000
1,879 sqft Jul 2022
RM 186.00 PSF
Single Storey Shop TAMAN SIN HOE
RM 457,000
1,600 sqft Jun 2022
RM 286.00 PSF
Single Storey Terraced LRG SINGA 6
RM 370,000
1,539 sqft Mar 2022
RM 240.00 PSF