Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT BISTARI

TAMAN PAYA RUMPUT BISTARI

Area Intelligence

2022

Median Price

RM 360,000

PSF: RM 216

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 216

TAMAN PAYA RUMPUT BISTARI in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 360K and a median price per square foot (PSF) of RM 216.

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 360K, with most transactions falling within a stable range of RM 270K to RM 450K, and a typical market range of RM 270K to RM 450K.

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

Price per square foot shows a median of RM 216, though individual units vary from RM 139 to RM 292 in the core range. The broader market spans RM 147.38 to RM 283.63, indicating diverse property characteristics. A wider spread (IQR: RM 136.25) and deviation (MAD: RM 77) indicate significant PSF variations, likely due to diverse property types or conditions.

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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