TAMAN PAYA RUMPUT PERDANA in Melaka Tengah, Melaka recorded 24 subsale transactions in 2021, with a median price of RM 695K and a median price per square foot (PSF) of RM 144.
This area contains both residential and commercial properties. View 149 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 695K, with most transactions falling within a stable range of RM 535K to RM 855K, and a typical market range of RM 424K to RM 966K.
Most transactions involved detached, with moderate diversity in property types available.
The median PSF stands at RM 144, with core pricing between RM 122 and RM 166. Market pricing typically extends from RM 121.00 to RM 167.00, reflecting moderate variation in unit pricing. The spread of RM 46.00 (IQR) and deviation of RM 22 (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.
