TAMAN PAYA EMAS

Area Intelligence
2022
Median Price
RM 410,000
PSF: RM 262

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 350K to RM 484K, and a typical market range of RM 350K to RM 540K.

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 262, though individual units vary from RM 189 to RM 335 in the core range. The broader market spans RM 212.00 to RM 312.00, indicating diverse property characteristics. A wider spread (IQR: RM 100.00) and deviation (MAD: RM 73) 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.

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TAMAN PAYA EMAS, Melaka Tengah, Melaka

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Transactions

10 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 420,000
JALAN PE 24
1,399 sqft · RM 300 PSF
RM 400,000
JALAN PE 23
1,399 sqft · RM 286 PSF
1,650 sqft
RM 475,000
JALAN PE 3
1,647 sqft · RM 288 PSF
RM 450,000
JALAN PE 12
1,647 sqft · RM 273 PSF
RM 500,000
JALAN PE 15
1,647 sqft · RM 304 PSF
1,900 sqft
Double Storey Terraced
RM 496,000
JALAN PE 16B (PARKSVILLE)
1,916 sqft · RM 259 PSF
1,950 sqft
Double Storey Terraced
RM 580,000
JALAN PE 16B
1,927 sqft · RM 301 PSF
2,100 sqft
Double Storey Terraced
RM 550,000
JALAN PE 6
2,077 sqft · RM 265 PSF
2,900 sqft
Single Storey Terraced
RM 350,000
JALAN PE 14
2,906 sqft · RM 120 PSF
3,700 sqft
Double Storey Terraced
RM 350,000
JALAN PE 9
3,714 sqft · RM 94 PSF

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There are currently no properties listed for sale in this area.

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