TAMAN PAYA RUMPUT JAYA (PAYA RUMPUT)

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 238K to RM 622K, and a typical market range of RM 318K to RM 543K.

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

Price per square foot shows a median of RM 279, though individual units vary from RM 189 to RM 369 in the core range. The broader market spans RM 224.63 to RM 333.38, indicating diverse property characteristics. A wider spread (IQR: RM 108.75) and deviation (MAD: RM 90) indicate significant PSF variations, likely due to diverse property types or conditions.

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.