Taman Hilir

75050 Melaka, Malaysia

Property Transactions

3 subsales found

Median
RM435,000
PSF
RM194
Price Size
Period
transactions middle 50% (P25–P75)
RM310,000
Jalan Ujong Pasir
2,080 sqft RM149 PSF
RM499,000
Lorong 2
1,679 sqft RM297 PSF
RM435,000
Lorong 13
2,246 sqft RM194 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Hilir? Homes here sold for a median of RM435,000.

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Market Snapshot

Residential

RM435,000

RM194 psf

Median transaction price

Taman Hilir
© OpenStreetMap · CARTO

Taman Hilir, 75050 Melaka, Malaysia

Maps

Taman Hilir in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, with a median price of RM435K and a median price per square foot (PSF) of RM194.

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 RM435K, with most transactions falling within a stable range of RM357K to RM499K, and a typical market range of RM370K to RM499K.

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

Price per square foot shows a median of RM194, though individual units vary from RM132 to RM256 in the core range. The broader market spans RM164.19 to RM223.19, indicating diverse property characteristics. A wider spread (IQR: RM59.00) and deviation (MAD: RM62) indicate significant PSF variations, likely due to diverse property types or conditions.

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.