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Market Snapshot
RM 495,000
RM 235 psfMedian transaction price
RM 2,350,000
RM 658 psfMedian transaction price
Malaysia, Melaka, UTAMA Taman Paya Rumput, Jalan Zapin 1A2, 76450
MapsTaman Paya Rumput Utama in Melaka Tengah, Melaka recorded 1 subsale transactions between 2021 and 2026, priced from RM 2.00 million and above, with a median price of RM 2.35 million and a median price per square foot (PSF) of RM 658.
This area contains both residential and commercial properties. View 19 residential properties or 16 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 658, with most transactions between RM 658 and RM 658. The usual range is RM 540.10 to RM 775.10, showing that most units are priced quite close to each other. With an IQR of RM 235.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.