Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT INDAH

TAMAN PAYA RUMPUT INDAH

Area Intelligence

2021

Median Price

RM 120,000

PSF: RM 174

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Residential PSF Trends

Median Price

RM 120,000

PSF: RM 174

Commercial PSF Trends

Median Price

RM 237,500

RM 166 PSF

TAMAN PAYA RUMPUT INDAH in Melaka Tengah, Melaka recorded 1 subsale transactions in 2021, with a median price of RM 120K and a median price per square foot (PSF) of RM 174.

This area contains both residential and commercial properties. View 62 residential properties or 2 commercial properties separately for more focused analysis.

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

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

For price per square foot, the median is RM 174, with most transactions between RM 174 and RM 174. The usual range is RM 152.00 to RM 196.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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 RUMPUT INDAH, Melaka Tengah, Melaka

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