TAMAN PAYA RUMPUT INDAH in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 140K and a median price per square foot (PSF) of RM 200.
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 140K, with most transactions falling within a stable range of RM 85K to RM 195K, and a typical market range of RM 84K to RM 196K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 200, with core pricing between RM 178 and RM 222. Market pricing typically extends from RM 178.00 to RM 222.00, reflecting moderate variation in unit pricing. With an IQR of RM 44.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.
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.
