Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT UTAMA

TAMAN PAYA RUMPUT UTAMA

Area Intelligence

2022

Median Price

RM 645,000

PSF: RM 389

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Residential PSF Trends

Median Price

RM 490,000

PSF: RM 186

Commercial PSF Trends

Median Price

RM 737,000

RM 455 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 10 subsale transactions in 2022, with a median price of RM 645K and a median price per square foot (PSF) of RM 389.

This area contains both residential and commercial properties. View 19 residential properties or 16 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 389, with most transactions between RM 389 and RM 389. The usual range is RM 271.50 to RM 506.50, showing that most units are priced quite close to each other. With an IQR of RM 235.00 and MAD of RM 0, 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 UTAMA, Melaka Tengah, Melaka

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