TAMAN PAYA RUMPUT INDAH

Area Intelligence
2024
Median Price
RM 240,000
PSF: RM 178

Residential PSF Trends

Median Price

RM 260,000

PSF: RM 186

Commercial PSF Trends

Median Price

RM 215,000

RM 150 PSF

TAMAN PAYA RUMPUT INDAH in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, with a median price of RM 240K and a median price per square foot (PSF) of RM 178.

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 240K, with most transactions falling within a stable range of RM 210K to RM 273K, and a typical market range of RM 210K to RM 296K.

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

The median PSF stands at RM 178, with core pricing between RM 150 and RM 205. Market pricing typically extends from RM 155.50 to RM 199.50, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA RUMPUT INDAH, Melaka Tengah, Melaka

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Transactions

6 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 300,000
JALAN PRI 10
1,302 sqft · RM 230 PSF
RM 270,000
JALAN PRI 21
1,302 sqft · RM 207 PSF
RM 220,000
JALAN PRI 11
1,302 sqft · RM 169 PSF
RM 210,000
JALAN PRI 21
1,302 sqft · RM 161 PSF
1,400 sqft
Single Storey Terraced
RM 260,000
JALAN PRI 18
1,399 sqft · RM 186 PSF
1,450 sqft
Single Storey Shop
RM 215,000
JALAN PRI 19
1,432 sqft · RM 150 PSF

No Properties For Sale

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

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