TAMAN PAYA EMAS

TAMAN PAYA EMAS in Melaka Tengah, Melaka recorded 12 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 375K and a median price per square foot (PSF) of RM 187.

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 375K, with most transactions falling within a stable range of RM 278K to RM 472K, and a typical market range of RM 245K to RM 500K.

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

Price per square foot shows a median of RM 187, though individual units vary from RM 140 to RM 233 in the core range. The broader market spans RM 136.68 to RM 236.68, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 46 (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.