TAMAN PAYA BARU in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 480K and a median price per square foot (PSF) of RM 174.
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 480K, with most transactions falling within a stable range of RM 474K to RM 486K, and a typical market range of RM 425K to RM 535K.
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 174, with most transactions between RM 167 and RM 181. The usual range is RM 153.00 to RM 195.00, 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.
