|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 1
|
RM 140,000
|
RM 203
|
689 sqft
|
|
Townhouse |
|
Level 1
|
RM 160,000
|
RM 229
|
700 sqft
|
|
Townhouse |
| 2023 | |||||
|
Level 2
|
RM 160,000
|
RM 225
|
710 sqft
|
|
Townhouse |
|
Level 1
|
RM 130,000
|
RM 183
|
710 sqft
|
|
Townhouse |
|
Level 1
|
RM 140,000
|
RM 200
|
700 sqft
|
|
Townhouse |
| 2022 | |||||
|
Level 1
|
RM 130,000
|
RM 189
|
689 sqft
|
|
Townhouse |
|
Level 2
|
RM 98,000
|
RM 138
|
710 sqft
|
|
Townhouse |
| 2021 | |||||
|
Level 1
|
RM 120,000
|
RM 174
|
689 sqft
|
|
Townhouse |
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Market Snapshot
ResidentialRM 135,000
RM 194 psfMedian transaction price
Taman Paya Rumput Indah, 76450 Melaka, Malaysia
MapsTaman Paya Rumput Indah in Melaka Tengah, Melaka recorded 8 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM 135K and a median price per square foot (PSF) of RM 194.
This area contains both residential and commercial properties. View 63 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 135K, with most transactions falling within a stable range of RM 116K to RM 154K, and a typical market range of RM 98K to RM 160K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 194, with core pricing between RM 167 and RM 222. Market pricing typically extends from RM 172.36 to RM 216.36, reflecting moderate variation in unit pricing. With an IQR of RM 44.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.