TAMAN PAYA EMAS

Area Intelligence
11 subsale transactions
2024
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Median Price
RM 280,000
PSF: RM 186

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 179

Commercial PSF Trends

Median Price

RM 450,000

RM 273 PSF

TAMAN PAYA EMAS in Melaka Tengah, Melaka recorded 11 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 186.

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 200K to RM 456K, and a typical market range of RM 200K to RM 410K.

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 186, though individual units vary from RM 146 to RM 226 in the core range. The broader market spans RM 136.00 to RM 236.00, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 40 (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

11 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,400 sqft
Single Storey Terraced
RM 280,000
JALAN PE 14
1,399 sqft · RM 200.00 PSF
Oct 2024
RM 260,000
JALAN PE 14
1,399 sqft · RM 186.00 PSF
May 2024
RM 200,000
JALAN PE 15
1,399 sqft · RM 143.00 PSF
Apr 2024
RM 250,000
JALAN PE 2
1,399 sqft · RM 179.00 PSF
Jan 2024
1,650 sqft
RM 270,000
Single Storey Terraced JALAN PE 20
1,647 sqft · RM 164.00 PSF
Aug 2024
RM 270,000
Single Storey Terraced PE 16
1,647 sqft · RM 164.00 PSF
Apr 2024
RM 450,000
Double Storey Shop JALAN PE 3
1,647 sqft · RM 273.00 PSF
Apr 2024
RM 450,000
Double Storey Shop JALAN PE 3
1,647 sqft · RM 273.00 PSF
Apr 2024
3,050 sqft
Double Storey Terraced
RM 540,000
JALAN PE 22
3,035 sqft · RM 178.00 PSF
Feb 2024
3,200 sqft
Double Storey Terraced
RM 650,000
JALAN PE 9
3,175 sqft · RM 205.00 PSF
Sep 2024
3,600 sqft
Double Storey Semi-D
RM 750,000
JALAN PAYA EMAS 24
3,595 sqft · RM 209.00 PSF
Jan 2024