Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT JAYA (PAYA RUMPUT)

TAMAN PAYA RUMPUT JAYA (PAYA RUMPUT)

Area Intelligence

2023

Median Price

RM 430,000

PSF: RM 279

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Residential PSF Trends

Median Price

RM 200,000

PSF: RM 221

TAMAN PAYA RUMPUT JAYA (PAYA RUMPUT) in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 279.

This area contains both residential and commercial properties. View 4 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 430K, with most transactions falling within a stable range of RM 315K to RM 430K, and a typical market range of RM 318K to RM 430K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 279, with core pricing between RM 250 and RM 308. Market pricing typically extends from RM 224.63 to RM 333.38, reflecting moderate variation in unit pricing. With an IQR of RM 108.75 and MAD of RM 29, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA RUMPUT JAYA (PAYA RUMPUT), Melaka Tengah, Melaka

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