Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT INDAH

TAMAN PAYA RUMPUT INDAH

Area Intelligence

2024

Median Price

RM 150,000

PSF: RM 216

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Residential PSF Trends

Median Price

RM 150,000

PSF: RM 216

Commercial PSF Trends

Median Price

RM 237,500

RM 166 PSF

TAMAN PAYA RUMPUT INDAH in Melaka Tengah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 150K and a median price per square foot (PSF) of RM 216.

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. The median price is RM 150K, with most transactions falling within a stable range of RM 140K to RM 160K, and a typical market range of RM 140K to RM 160K.

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 216, with most transactions between RM 203 and RM 229. The usual range is RM 194.00 to RM 238.00, 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 13 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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