TAMAN PAYA EMAS

Area Intelligence
2022
Median Price
RM 420,000
PSF: RM 273

Residential PSF Trends

Median Price

RM 410,000

PSF: RM 266

Commercial PSF Trends

Median Price

RM 475,000

RM 288 PSF

TAMAN PAYA EMAS in Melaka Tengah, Melaka recorded 11 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 273.

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 420K, with most transactions falling within a stable range of RM 303K to RM 537K, and a typical market range of RM 290K to RM 550K.

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 273, though individual units vary from RM 213 to RM 333 in the core range. The broader market spans RM 223.00 to RM 323.00, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 60 (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.

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TAMAN PAYA EMAS, Melaka Tengah, Melaka

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Transactions

11 transactions grouped by size

1,400 sqft
RM 200,000
JALAN PE 2
1,399 sqft · RM 143 PSF
RM 420,000
JALAN PE 24
1,399 sqft · RM 300 PSF
RM 400,000
JALAN PE 23
1,399 sqft · RM 286 PSF
RM 250,000
JALAN PE 13
1,399 sqft · RM 179 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 292,000
JALAN PE 18
1,647 sqft · RM 177 PSF
RM 500,000
JALAN PE 15
1,647 sqft · RM 304 PSF
RM 270,000
JALAN PE 19
1,647 sqft · RM 164 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

No Properties For Sale

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

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