| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Zapin 4
|
RM 510,000
|
RM 242
|
2,110 sqft
|
|
|
Jalan Zapin 4
|
RM 530,000
|
RM 229
|
2,314 sqft
|
|
|
|
Jalan Zapin 4
|
RM 550,000
|
RM 238
|
2,314 sqft
|
|
|
Jalan Inang 1
|
RM 627,000
|
RM 253
|
2,476 sqft
|
|
|
Jalan Zapin 10
|
RM 460,000
|
RM 148
|
3,100 sqft
|
|
|
Jalan Zapin 1
|
RM 800,000
|
RM 251
|
3,186 sqft
|
|
|
Jalan Zapin 10
|
RM 580,000
|
RM 118
|
4,898 sqft
|
|
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Market Snapshot
RM 530,000
RM 229 psfMedian transaction price
RM 713,500
RM 252 psfMedian transaction price
Malaysia, Melaka, UTAMA Taman Paya Rumput, Jalan Zapin 1A2, 76450
MapsTaman Paya Rumput Utama in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 238.
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 550K, with most transactions falling within a stable range of RM 460K to RM 652K, and a typical market range of RM 460K to RM 670K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 238, though individual units vary from RM 187 to RM 288 in the core range. The broader market spans RM 120.16 to RM 355.16, indicating diverse property characteristics. The spread of RM 235.00 (IQR) and deviation of RM 51 (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.