Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA EMAS

TAMAN PAYA EMAS

Area Intelligence

2021

Median Price

RM 255,000

PSF: RM 163

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Residential PSF Trends

Median Price

RM 255,000

PSF: RM 163

TAMAN PAYA EMAS in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced up to RM 300K, with a median price of RM 255K and a median price per square foot (PSF) of RM 163.

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 255K, with most transactions falling within a stable range of RM 250K to RM 260K, and a typical market range of RM 250K to RM 260K.

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

The median PSF stands at RM 163, with core pricing between RM 140 and RM 186. Market pricing typically extends from RM 112.86 to RM 212.86, reflecting moderate variation in unit pricing. With an IQR of RM 100.00 and MAD of RM 23, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA EMAS, Melaka Tengah, Melaka

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