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Market Snapshot
RM 577,000
RM 154 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 1 subsale transactions between 2021 and 2026, sized between 3,725 and 3,774 sqft, with a median price of RM 577K and a median price per square foot (PSF) of RM 154.
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 154, with most transactions between RM 154 and RM 154. The usual range is RM 36.54 to RM 271.54, 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.
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.