TAMAN PAYA RUMPUT PERDANA in Melaka Tengah, Melaka recorded 54 subsale transactions in 2023, with a median price of RM 640K and a median price per square foot (PSF) of RM 160.
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 640K, with most transactions falling within a stable range of RM 480K to RM 800K, and a typical market range of RM 369K to RM 911K.
Most transactions involved detached, with moderate diversity in property types available.
The median PSF stands at RM 160, with core pricing between RM 138 and RM 182. Market pricing typically extends from RM 137.00 to RM 183.00, reflecting moderate variation in unit pricing. With an IQR of RM 46.00 and MAD of RM 22, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
