Taman Hilir in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM350K and a median price per square foot (PSF) of RM227.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM350K, with most transactions falling within a stable range of RM305K to RM395K, and a typical market range of RM285K to RM395K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM227, with core pricing between RM187 and RM267. Market pricing typically extends from RM197.50 to RM256.50, reflecting moderate variation in unit pricing. The spread of RM59.00 (IQR) and deviation of RM40 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.