Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT BISTARI

TAMAN PAYA RUMPUT BISTARI

Area Intelligence

2024

Median Price

RM 420,000

PSF: RM 175

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Residential PSF Trends

Median Price

RM 420,000

PSF: RM 175

TAMAN PAYA RUMPUT BISTARI in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, with a median price of RM 420K and a median price per square foot (PSF) of RM 175.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 175, with most transactions between RM 175 and RM 175. The usual range is RM 106.38 to RM 242.63, showing that most units are priced quite close to each other. With an IQR of RM 136.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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 RUMPUT BISTARI, Melaka Tengah, Melaka

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