LIST

Melaka, Melaka Tengah, Ayer Molek

TAMAN PAYA BARU

Area Intelligence
2023
Median Price
RM 346,000
PSF: RM 300
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Residential PSF Trends

Median Price

RM 456,000

PSF: RM 183

TAMAN PAYA BARU in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, priced up to RM 500K, with a median price of RM 346K and a median price per square foot (PSF) of RM 300.

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 400K, and a typical market range of RM 340K to RM 401K.

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

The median PSF stands at RM 300, with core pricing between RM 246 and RM 354. Market pricing typically extends from RM 279.42 to RM 321.42, reflecting moderate variation in unit pricing. The spread of RM 42.00 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA BARU, Melaka Tengah, Melaka

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Property Transactions

8 transactions grouped by size

Group by
Size Type List

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,150 sqft
RM 346,000
JALAN AYER MOLEK - TIANG DUA
1,152 sqft · RM 300 PSF
RM 346,000
JALAN AYER MOLEK - TIANG DUA
1,152 sqft · RM 300 PSF
RM 346,000
JALAN AYER MOLEK - TIANG DUA
1,152 sqft · RM 300 PSF
RM 346,000
JALAN AYER MOLEK - TIANG DUA
1,152 sqft · RM 300 PSF
RM 346,000
JALAN AYER MOLEK - TIANG DUA
1,152 sqft · RM 300 PSF
1,550 sqft
Single Storey Terraced
RM 340,000
JALAN AYER MOLEK - TIANG DUA
1,561 sqft · RM 218 PSF
2,650 sqft
Single Storey Semi-D
RM 456,000
JALAN AYER MOLEK - TIANG DUA
2,626 sqft · RM 174 PSF
RM 480,000
JALAN AYER MOLEK - TIANG DUA
2,626 sqft · RM 183 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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