TAMAN PAYA EMAS

Area Intelligence
13 subsale transactions
2023
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Median Price
RM 400,000
PSF: RM 206

Residential PSF Trends

Median Price

RM 400,000

PSF: RM 206

Commercial PSF Trends

Median Price

RM 450,000

RM 273 PSF

TAMAN PAYA EMAS in Melaka Tengah, Melaka recorded 13 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 206.

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 400K, with most transactions falling within a stable range of RM 225K to RM 587K, and a typical market range of RM 270K to RM 530K.

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 206, though individual units vary from RM 155 to RM 257 in the core range. The broader market spans RM 156.00 to RM 256.00, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 51 (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

OSM

Transactions

13 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,400 sqft
RM 280,000
Single Storey Terraced JALAN PE 14
1,399 sqft · RM 200.00 PSF
Nov 2023
RM 400,000
Double Storey Terraced JALAN PE 21
1,399 sqft · RM 286.00 PSF
Nov 2023
RM 225,000
Single Storey Terraced JALAN PE 13
1,399 sqft · RM 161.00 PSF
Jun 2023
1,650 sqft
Single Storey Terraced
RM 280,000
JALAN PE 15
1,647 sqft · RM 170.00 PSF
Dec 2023
RM 340,000
JALAN PE 15
1,647 sqft · RM 206.00 PSF
Apr 2023
RM 280,000
JALAN PE 17
1,647 sqft · RM 170.00 PSF
Mar 2023
2,100 sqft
Double Storey Terraced
RM 570,000
JALAN PE 5
2,077 sqft · RM 274.00 PSF
Mar 2023
2,150 sqft
RM 650,000
Double Storey Terraced JALAN PE 16B
2,153 sqft · RM 302.00 PSF
Oct 2023
RM 300,000
Single Storey Terraced JALAN PE 20
2,153 sqft · RM 139.00 PSF
Jul 2023
2,800 sqft
Double Storey Semi-D
RM 755,000
JALAN PE 16B (PARKSVILLE)
2,799 sqft · RM 270.00 PSF
Jun 2023
3,000 sqft
Double Storey Semi-D
RM 630,000
JALAN PE 16A
3,003 sqft · RM 210.00 PSF
Jul 2023
3,200 sqft
Double Storey Semi-D
RM 700,000
JALAN PE 16A
3,197 sqft · RM 219.00 PSF
Mar 2023
3,900 sqft
Double Storey Semi-D
RM 657,000
JALAN PE 16A
3,875 sqft · RM 170.00 PSF
Feb 2023