Melaka
Alor Gajah
Sg Baru Tengah
TAMAN SERI PAYA RUMPUT

TAMAN SERI PAYA RUMPUT

Area Intelligence

2022

Median Price

RM 105,000

PSF: RM 148

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Residential PSF Trends

Median Price

RM 105,000

PSF: RM 148

TAMAN SERI PAYA RUMPUT in Alor Gajah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 105K and a median price per square foot (PSF) of RM 148.

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 105K, with most transactions falling within a stable range of RM 100K to RM 110K, and a typical market range of RM 100K to RM 110K.

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 148, with most transactions between RM 141 and RM 155. The usual range is RM 136.00 to RM 160.00, 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 7 indicate a highly stable PSF trend across properties.

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.

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TAMAN SERI PAYA RUMPUT, Alor Gajah, Melaka

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