TAMAN PAYA RUMPUT INDAH

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 130K to RM 411K, 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.

Price per square foot shows a median of RM 188, though individual units vary from RM 148 to RM 228 in the core range. The broader market spans RM 166.00 to RM 210.00, indicating diverse property characteristics. The spread of RM 44.00 (IQR) and deviation of RM 40 (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. Moderate transaction volume may require patience when buying or selling.