Area Intelligence

TMN SIN HOE

6 properties
2023
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Median Price
RM 559,500
PSF: RM 173

Residential Market

Median Price

RM 559,500

IQR: RM 81
MAD: RM 44
RM 173 PSF 8.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 710,000

IQR: RM 98
MAD: RM 37
RM 444 PSF 29.7%

PSF Trends (2021-2025)

TMN SIN HOE in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 173.

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 560K, with most transactions falling within a stable range of RM 388K to RM 752K, and a typical market range of RM 405K to RM 714K.

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 173, though individual units vary from RM 103 to RM 243 in the core range. The broader market spans RM 116.63 to RM 229.38, indicating diverse property characteristics. A wider spread (IQR: RM 112.75) and deviation (MAD: RM 70) 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.

Area Location

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TMN SIN HOE, Melaka Tengah, Melaka

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Transactions

6 properties grouped by size

1,200 sqft
1 units Single Storey Terraced
RM 400,000
JLN SIN HOE GARDEN
1,200 sqft · RM 333.00 PSF
Jun 2023
1,600 sqft
1 units Single Storey Terraced
RM 388,000
PEKAN BKT.BARU
1,609 sqft · RM 241.00 PSF
Mar 2023
2,700 sqft
1 units Single Storey Terraced
RM 480,000
JALAN PELANDUK
2,684 sqft · RM 179.00 PSF
Jun 2023
3,850 sqft
1 units Single Storey Semi-D
RM 639,000
LORONG SINGA 3
3,831 sqft · RM 167.00 PSF
Sep 2023
5,600 sqft
1 units Detached
RM 930,000
JALAN TAMAN SIN HOE GARDEN
5,576 sqft · RM 167.00 PSF
Sep 2023
6,350 sqft
1 units Detached
RM 715,000
JALAN PELANDUK
6,360 sqft · RM 112.00 PSF
Dec 2023