Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA EMAS

TAMAN PAYA EMAS

Area Intelligence

2021

Median Price

RM 582,500

PSF: RM 243

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Residential PSF Trends

Median Price

RM 582,500

PSF: RM 243

TAMAN PAYA EMAS in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced between RM 500K and RM 1.00 million, with a median price of RM 583K and a median price per square foot (PSF) of RM 243.

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 583K, with most transactions falling within a stable range of RM 505K to RM 660K, and a typical market range of RM 505K to RM 660K.

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 243, with most transactions between RM 236 and RM 250. The usual range is RM 192.69 to RM 292.69, showing that most units are priced quite close to each other. With an IQR of RM 100.00 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA EMAS, Melaka Tengah, Melaka

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