Taman Paya Rumput Jaya (Paya Rumput)

Taman Paya Rumput Jaya (Paya Rumput) in Melaka Tengah, Melaka recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 550K and a median price per square foot (PSF) of RM 269.

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 550K, with most transactions falling within a stable range of RM 430K to RM 670K, and a typical market range of RM 438K to RM 663K.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 269, though individual units vary from RM 210 to RM 328 in the core range. The broader market spans RM 214.56 to RM 323.31, indicating diverse property characteristics. The spread of RM 108.75 (IQR) and deviation of RM 59 (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.