TAMAN PAYA BARU

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

Residential PSF Trends

Median Price

RM 468,000

PSF: RM 178

TAMAN PAYA BARU in Melaka Tengah, Melaka recorded 10 subsale transactions in 2023, 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 424K, 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.

Price per square foot shows a median of RM 300, though individual units vary from RM 233 to RM 368 in the core range. The broader market spans RM 279.42 to RM 321.42, indicating diverse property characteristics. The spread of RM 42.00 (IQR) and deviation of RM 67 (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

OSM

Track location

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
1,600 sqft
Single Storey Shop
RM 530,000
JALAN AYER MOLEK - TIANG DUA
1,615 sqft · RM 328 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
4,150 sqft
Single Storey Semi-D
RM 529,000
JALAN AYER MOLEK - TIANG DUA
4,166 sqft · RM 127 PSF

No Properties For Sale

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

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