TAMAN PAYA BARU

TAMAN PAYA BARU in Melaka Tengah, Melaka recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 346K and a median price per square foot (PSF) of RM 218.

This area contains both residential and commercial properties. View 3 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 346K, with most transactions falling within a stable range of RM 340K to RM 352K, and a typical market range of RM 326K to RM 401K.

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

For price per square foot, the median is RM 218, with most transactions between RM 211 and RM 225. The usual range is RM 197.00 to RM 239.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 7 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.