|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Zapin 5
|
RM 495,000
|
RM 235
|
2,110 sqft
|
|
2-Sty Terrace |
|
Jalan Zapin 6
|
RM 550,000
|
RM 261
|
2,110 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Jalan Zapin 4
|
RM 490,000
|
RM 232
|
2,110 sqft
|
|
2-Sty Terrace |
|
Jalan Zapin 4
|
RM 555,000
|
RM 263
|
2,110 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Jalan Zapin 4
|
RM 510,000
|
RM 242
|
2,110 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 510,000
RM 242 psfMedian transaction price
RM 721,500
RM 440 psfMedian transaction price
Malaysia, Melaka, UTAMA Taman Paya Rumput, Jalan Zapin 1A2, 76450
MapsTaman Paya Rumput Utama in Melaka Tengah, Melaka recorded 5 subsale transactions between 2021 and 2026, sized between 2,075 and 2,124 sqft, with a median price of RM 510K and a median price per square foot (PSF) of RM 242.
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. The median price is RM 510K, with most transactions falling within a stable range of RM 490K to RM 537K, and a typical market range of RM 490K to RM 555K.
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 242, with most transactions between RM 229 and RM 255. The usual range is RM 124.24 to RM 359.24, showing that most units are priced quite close to each other. With an IQR of RM 235.00 and MAD of RM 13, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.