Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT BISTARI

TAMAN PAYA RUMPUT BISTARI

Area Intelligence

2024

Median Price

RM 380,000

PSF: RM 175

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 175

TAMAN PAYA RUMPUT BISTARI in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, priced between RM 300K and RM 500K, with a median price of RM 380K 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. The median price is RM 380K, with most transactions falling within a stable range of RM 350K to RM 426K, and a typical market range of RM 350K to RM 460K.

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

The median PSF stands at RM 175, with core pricing between RM 149 and RM 200. Market pricing typically extends from RM 106.65 to RM 242.90, reflecting moderate variation in unit pricing. With an IQR of RM 136.25 and MAD of RM 25, 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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