TAMAN PAYA RUMPUT UTAMA

Area Intelligence
2024
Median Price
RM 565,000
PSF: RM 226

Residential PSF Trends

Median Price

RM 405,000

PSF: RM 198

Commercial PSF Trends

Median Price

RM 630,000

RM 409 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 12 subsale transactions in 2024, with a median price of RM 565K and a median price per square foot (PSF) of RM 226.

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. The median price is RM 565K, with most transactions falling within a stable range of RM 519K to RM 405K, and a typical market range of RM 445K to RM 405K.

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

The median PSF stands at RM 226, with core pricing between RM 183 and RM 268. Market pricing typically extends from RM 108.00 to RM 343.00, reflecting moderate variation in unit pricing. The spread of RM 235.00 (IQR) and deviation of RM 42 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA RUMPUT UTAMA, Melaka Tengah, Melaka

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Transactions

5 transactions found

RM 405,000
OFF LEBUH SPA
3,595 sqft RM 113.00 PSF
RM 300,000
JALAN INANG 1
1,539 sqft RM 195.00 PSF
RM 320,000
JALAN PRU
1,313 sqft RM 244.00 PSF
RM 350,000
JALAN ZAPIN 2
1,765 sqft RM 198.00 PSF
RM 270,000
INANG 5
1,432 sqft RM 189.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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