Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Bpj 1
|
RM 200,000
|
RM 221
|
904 sqft
|
|
Terrace |
|
Taman Paya Rumput Jaya
|
RM 430,000
|
RM 210
|
2,045 sqft
|
|
2-Sty Shop |
|
Taman Paya Rumput Jaya
|
RM 670,000
|
RM 328
|
2,045 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Prj 5
|
RM 320,000
|
RM 132
|
2,433 sqft
|
|
Terrace |
|
Jalan Prj 5
|
RM 370,000
|
RM 152
|
2,433 sqft
|
|
Terrace |
| 2021 | |||||
|
Jalan Prj 5
|
RM 600,000
|
RM 167
|
3,595 sqft
|
|
Semi-D |
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Taman Paya Rumput Jaya, 75250 Melaka, Malaysia
MapsTaman Paya Rumput Jaya (Paya Rumput) in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 400K and a median price per square foot (PSF) of RM 210.
This area contains both residential and commercial properties. View 4 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 400K, with most transactions falling within a stable range of RM 260K to RM 540K, and a typical market range of RM 288K to RM 513K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 210, though individual units vary from RM 158 to RM 262 in the core range. The broader market spans RM 155.88 to RM 264.63, indicating diverse property characteristics. The spread of RM 108.75 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.