TAMAN PAYA RUMPUT BISTARI in Melaka Tengah, Melaka recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 450K and a median price per square foot (PSF) of RM 292.
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 450K, with most transactions falling within a stable range of RM 323K to RM 578K, and a typical market range of RM 342K to RM 558K.
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 292, with most transactions between RM 263 and RM 321. The usual range is RM 223.88 to RM 360.13, showing that most units are priced quite close to each other. With an IQR of RM 136.25 and MAD of RM 29, 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.