Area Intelligence

TMN MELOR 3

2 properties
3-Storey Storey Shop
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Median Price
RM 625,000
PSF: RM 447

Residential Market

Median Price

RM 450,000

IQR: RM 49
MAD: RM 17
RM 282 PSF 13.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 625,000

IQR: RM 90
MAD: RM 90
RM 447 PSF 50.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MELOR 3 in Hilir Perak, Perak recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 625K and a median price per square foot (PSF) of RM 447.

This area contains both residential and commercial properties. View 18 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 625K, with most transactions falling within a stable range of RM 500K to RM 750K, and a typical market range of RM 614K to RM 636K.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 447, though individual units vary from RM 357 to RM 536 in the core range. The broader market spans RM 413.38 to RM 479.63, indicating diverse property characteristics. The spread of RM 66.25 (IQR) and deviation of RM 90 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MELOR 3, Hilir Perak, Perak

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Transactions

2 properties grouped by size

1,400 sqft
2 units 3-Storey Storey Shop
RM 750,000
LORONG MELOR 1
1,399 sqft · RM 536.00 PSF
May 2023
RM 500,000
LORONG MELOR 1
1,399 sqft · RM 357.00 PSF
Jul 2022