Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT INDAH

TAMAN PAYA RUMPUT INDAH

Area Intelligence

2024

Median Price

RM 380,000

PSF: RM 113

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 113

Commercial PSF Trends

Median Price

RM 237,500

RM 166 PSF

TAMAN PAYA RUMPUT INDAH in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 380K and a median price per square foot (PSF) of RM 113.

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 380K, with most transactions falling within a stable range of RM 350K to RM 445K, and a typical market range of RM 350K to RM 436K.

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 113, though individual units vary from RM 89 to RM 137 in the core range. The broader market spans RM 91.00 to RM 135.00, indicating diverse property characteristics. The spread of RM 44.00 (IQR) and deviation of RM 24 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA RUMPUT INDAH, Melaka Tengah, Melaka

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