Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT INDAH

TAMAN PAYA RUMPUT INDAH

Area Intelligence

2022

Median Price

RM 260,000

PSF: RM 180

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Residential PSF Trends

Median Price

RM 260,000

PSF: RM 179

Commercial PSF Trends

Median Price

RM 260,000

RM 182 PSF

TAMAN PAYA RUMPUT INDAH in Melaka Tengah, Melaka recorded 32 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 180.

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 260K, with most transactions falling within a stable range of RM 315K to RM 323K, and a typical market range of RM 315K to RM 316K.

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

Price per square foot shows a median of RM 180, though individual units vary from RM 120 to RM 239 in the core range. The broader market spans RM 157.50 to RM 201.50, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 60) 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN PAYA RUMPUT INDAH, Melaka Tengah, Melaka

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