TAMAN SERI PAYA RUMPUT

Area Intelligence
2024
Median Price
RM 245,000
PSF: RM 177

Residential PSF Trends

Median Price

RM 245,000

PSF: RM 177

TAMAN SERI PAYA RUMPUT in Alor Gajah, Melaka recorded 10 subsale transactions in 2024, with a median price of RM 245K and a median price per square foot (PSF) of RM 177.

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 245K, with most transactions falling within a stable range of RM 225K to RM 265K, and a typical market range of RM 221K to RM 269K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 177, with most transactions between RM 165 and RM 189. The usual range is RM 165.00 to RM 189.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.00 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

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.

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TAMAN SERI PAYA RUMPUT, Alor Gajah, Melaka

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