Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Seri Paya Rumput 1
|
RM 180,000
|
RM 151
|
1,195 sqft
|
|
|
|
Jalan Spr 2/4
|
RM 150,000
|
RM 126
|
1,195 sqft
|
|
|
Jalan Spr 2/3
|
RM 390,000
|
RM 295
|
1,324 sqft
|
|
|
Jalan Spr 2/2
|
RM 420,000
|
RM 223
|
1,884 sqft
|
|
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Market Snapshot
ResidentialRM 180,000
RM 151 psfMedian transaction price
Taman Seri Paya Rumput, 76450 Alor Gajah, Malacca, Malaysia
MapsTaman Seri Paya Rumput in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 187.
This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 164K to RM 406K, and a typical market range of RM 190K to RM 380K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 187, though individual units vary from RM 121 to RM 253 in the core range. The broader market spans RM 159.81 to RM 213.81, indicating diverse property characteristics. A wider spread (IQR: RM 54.00) and deviation (MAD: RM 66) indicate significant PSF variations, likely due to diverse property types or conditions.
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.