Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA EMAS

TAMAN PAYA EMAS

Area Intelligence

2022

Median Price

RM 410,000

PSF: RM 262

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 259

Commercial PSF Trends

Median Price

RM 475,000

RM 288 PSF

TAMAN PAYA EMAS in Melaka Tengah, Melaka recorded 14 subsale transactions in 2022, with a median price of RM 410K and a median price per square foot (PSF) of RM 262.

This area contains both residential and commercial properties. View 42 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 410K, with most transactions falling within a stable range of RM 376K to RM 292K, and a typical market range of RM 280K to RM 292K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 262, with most transactions between RM 248 and RM 276. The usual range is RM 212.00 to RM 312.00, showing that most units are priced quite close to each other. With an IQR of RM 100.00 and MAD of RM 14, 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.

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TAMAN PAYA EMAS, Melaka Tengah, Melaka

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