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Market Snapshot
ResidentialRM 415,000
RM 158 psfMedian transaction price
76MG+QH, 75250 Malacca, Malaysia
MapsTaman Paya Rumput Abadi in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 415K and a median price per square foot (PSF) of RM 160.
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 415K, with most transactions falling within a stable range of RM 395K to RM 435K, and a typical market range of RM 381K to RM 449K.
Most transactions involved cluster house, with minimal variety in property types.
For price per square foot, the median is RM 160, with most transactions between RM 155 and RM 164. The usual range is RM 155.50 to RM 163.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.00 and an average deviation (MAD) of RM 5 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.