TAMAN PAYA EMAS

Area Intelligence
2023
Median Price
RM 280,000
PSF: RM 185

Residential PSF Trends

Median Price

RM 280,000

PSF: RM 185

Commercial PSF Trends

Median Price

RM 450,000

RM 273 PSF

TAMAN PAYA EMAS in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 185.

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 280K, with most transactions falling within a stable range of RM 225K to RM 335K, and a typical market range of RM 225K to RM 400K.

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 185, though individual units vary from RM 143 to RM 227 in the core range. The broader market spans RM 135.00 to RM 235.00, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 42 (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. 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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Transactions

6 transactions grouped by size

1,400 sqft
RM 280,000
JALAN PE 14
1,399 sqft · RM 200 PSF
RM 400,000
JALAN PE 21
1,399 sqft · RM 286 PSF
RM 225,000
JALAN PE 13
1,399 sqft · RM 161 PSF
1,650 sqft
Single Storey Terraced
RM 280,000
JALAN PE 15
1,647 sqft · RM 170 PSF
RM 340,000
JALAN PE 15
1,647 sqft · RM 206 PSF
RM 280,000
JALAN PE 17
1,647 sqft · RM 170 PSF

No Properties For Sale

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

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