TMN HILIR

TMN HILIR in Melaka Tengah, Melaka recorded 16 subsale transactions in 2024, with a median price of RM 428K and a median price per square foot (PSF) of RM 272.

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 RM 428K, with most transactions falling within a stable range of RM 368K to RM 487K, and a typical market range of RM 366K to RM 490K.

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

The median PSF stands at RM 272, with core pricing between RM 240 and RM 304. Market pricing typically extends from RM 239.75 to RM 304.25, reflecting moderate variation in unit pricing. With an IQR of RM 64.50 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.