Taman Hilir

75050 Melaka, Malaysia

Property Transactions

4 subsales found

Median
RM450,000
PSF
RM304
Price Size
Period
transactions middle 50% (P25–P75)
RM420,000
Lorong 5
1,488 sqft RM282 PSF
RM580,000
Jalan Low Hee Kong
1,782 sqft RM325 PSF
RM480,000
Jalan Low Hee Kong
1,387 sqft RM346 PSF
RM398,000
Lorong 17
2,115 sqft RM188 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Hilir? Homes here sold for a median of RM450,000.

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Market Snapshot

Residential

RM450,000

RM304 psf

Median transaction price

Taman Hilir
© OpenStreetMap · CARTO

Taman Hilir, 75050 Melaka, Malaysia

Maps

Taman Hilir in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM450K and a median price per square foot (PSF) of RM304.

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 RM450K, with most transactions falling within a stable range of RM398K to RM521K, and a typical market range of RM398K to RM515K.

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

The median PSF stands at RM304, with core pricing between RM243 and RM365. Market pricing typically extends from RM274.37 to RM333.37, reflecting moderate variation in unit pricing. The spread of RM59.00 (IQR) and deviation of RM61 (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.