TAMAN PAYA RUMPUT JAYA (PAYA RUMPUT)

TAMAN PAYA RUMPUT JAYA (PAYA RUMPUT) in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 345K and a median price per square foot (PSF) of RM 142.

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 345K, with most transactions falling within a stable range of RM 320K to RM 370K, and a typical market range of RM 320K to RM 370K.

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

For price per square foot, the median is RM 142, with most transactions between RM 132 and RM 152. The usual range is RM 87.63 to RM 196.38, showing that most units are priced quite close to each other. With an IQR of RM 108.75 and MAD of RM 10, 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.