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 205K to RM 315K, and a typical market range of RM 204K to RM 316K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 180, with core pricing between RM 158 and RM 202. Market pricing typically extends from RM 157.50 to RM 201.50, 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
