Area Intelligence

TMN MELOR

8 properties
2023
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Median Price
RM 250,000
PSF: RM 182

Residential Market

Median Price

RM 250,000

IQR: RM 59
MAD: RM 28
RM 179 PSF 9.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 660,000

IQR: RM 58
MAD: RM 58
RM 472 PSF 32.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MELOR in Hilir Perak, Perak recorded 8 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 182.

This area contains both residential and commercial properties. View 13 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 250K, with most transactions falling within a stable range of RM 130K to RM 401K, and a typical market range of RM 226K to RM 274K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 182, though individual units vary from RM 61 to RM 302 in the core range. The broader market spans RM 153.13 to RM 209.88, indicating diverse property characteristics. A wider spread (IQR: RM 56.75) and deviation (MAD: RM 120) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MELOR, Hilir Perak, Perak

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Transactions

8 properties grouped by size

1,100 sqft
1 units Low-Cost House
RM 130,000
LORONG 14
1,098 sqft · RM 118.00 PSF
Aug 2023
1,200 sqft
3 units Single Storey Terraced
RM 280,000
LORONG 4
1,195 sqft · RM 234.00 PSF
Sep 2023
RM 228,000
LORONG 2
1,195 sqft · RM 191.00 PSF
Apr 2023
RM 220,000
LORONG 6
1,195 sqft · RM 184.00 PSF
Apr 2023
1,400 sqft
2 units
RM 250,000
Single Storey Terraced LORONG 8
1,399 sqft · RM 179.00 PSF
Jul 2023
RM 660,000
3-Storey Storey Shop PERSIARAN MELOR 1
1,399 sqft · RM 472.00 PSF
Jun 2023
2,550 sqft
1 units Single Storey Semi-D
RM 390,000
LORONG 10
2,573 sqft · RM 152.00 PSF
Jul 2023
10,050 sqft
1 units Detached
RM 250,000
LORONG 5A
10,043 sqft · RM 25.00 PSF
Dec 2023