|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Inang 4
|
RM 833,000
|
RM 286
|
2,917 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Jalan Inang 4
|
RM 650,000
|
RM 223
|
2,917 sqft
|
|
2-Sty Shop |
|
Jalan Inang 1
|
RM 700,000
|
RM 240
|
2,917 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Inang 4
|
RM 1,000,000
|
RM 343
|
2,917 sqft
|
|
2-Sty Shop |
|
Jalan Zapin 1
|
RM 654,000
|
RM 224
|
2,917 sqft
|
|
2-Sty Shop |
|
Jalan Inang 3
|
RM 700,000
|
RM 240
|
2,917 sqft
|
|
2-Sty Shop |
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Market Snapshot
RM 495,000
RM 235 psfMedian transaction price
RM 700,000
RM 240 psfMedian transaction price
Malaysia, Melaka, UTAMA Taman Paya Rumput, Jalan Zapin 1A2, 76450
MapsTaman Paya Rumput Utama in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2026, sized between 2,875 and 2,924 sqft, with a median price of RM 700K and a median price per square foot (PSF) of RM 240.
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 700K, with most transactions falling within a stable range of RM 650K to RM 825K, and a typical market range of RM 650K to RM 820K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 240, with core pricing between RM 197 and RM 283. Market pricing typically extends from RM 122.47 to RM 357.47, reflecting moderate variation in unit pricing. The spread of RM 235.00 (IQR) and deviation of RM 43 (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.