TAMAN PAYA RUMPUT INDAH

Area Intelligence
2023
Median Price
RM 260,000
PSF: RM 188

Residential PSF Trends

Median Price

RM 260,000

PSF: RM 188

Commercial PSF Trends

Median Price

RM 237,500

RM 166 PSF

TAMAN PAYA RUMPUT INDAH in Melaka Tengah, Melaka recorded 20 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 188.

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 390K to RM 378K, and a typical market range of RM 390K 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 188, though individual units vary from RM 125 to RM 251 in the core range. The broader market spans RM 166.00 to RM 210.00, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 63) 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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Transactions

6 transactions grouped by size

1,550 sqft
Double Storey Terraced
RM 450,000
JALAN PAYA RUMPUT INDAH 2/4
1,539 sqft · RM 292 PSF
3,100 sqft
Single Storey Semi-D
RM 490,000
JALAN PRI 16
3,100 sqft · RM 158 PSF
RM 390,000
JALAN. PRI 16
3,100 sqft · RM 126 PSF
3,650 sqft
Double Storey Terraced
RM 540,000
JALAN PRI 7
3,670 sqft · RM 147 PSF
4,150 sqft
Double Storey Semi-D
RM 748,000
JALAN PRI 2/9
4,166 sqft · RM 180 PSF
4,550 sqft
Single Storey Semi-D
RM 420,000
JALAN. PRI 16
4,542 sqft · RM 92 PSF

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There are currently no properties listed for sale in this area.

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