TAMAN PAYA EMAS

TAMAN PAYA EMAS in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 600K and a median price per square foot (PSF) of RM 214.

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 600K, with most transactions falling within a stable range of RM 451K to RM 700K, and a typical market range of RM 470K to RM 700K.

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 214, though individual units vary from RM 161 to RM 268 in the core range. The broader market spans RM 164.37 to RM 264.37, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 53 (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.