TAMAN PAYA RUMPUT UTAMA

Area Intelligence
2021
Median Price
RM 550,000
PSF: RM 210

Residential PSF Trends

Median Price

RM 530,000

PSF: RM 207

Commercial PSF Trends

Median Price

RM 713,500

RM 363 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 210.

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 550K, with most transactions falling within a stable range of RM 460K to RM 652K, and a typical market range of RM 460K to RM 670K.

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

Price per square foot shows a median of RM 210, though individual units vary from RM 121 to RM 299 in the core range. The broader market spans RM 92.50 to RM 327.50, indicating diverse property characteristics. A wider spread (IQR: RM 235.00) and deviation (MAD: RM 89) 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.

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TAMAN PAYA RUMPUT UTAMA, Melaka Tengah, Melaka

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Transactions

7 transactions found

RM 580,000
JALAN ZAPIN 10
4,898 sqft RM 118.00 PSF
RM 530,000
JALAN ZAPIN 4
2,207 sqft RM 240.00 PSF
RM 550,000
JALAN ZAPIN 4
2,659 sqft RM 207.00 PSF
RM 510,000
JALAN ZAPIN 4
2,433 sqft RM 210.00 PSF
RM 627,000
JALAN INANG 1
1,765 sqft RM 355.00 PSF
RM 460,000
JALAN ZAPIN 10
3,100 sqft RM 148.00 PSF
RM 800,000
JALAN ZAPIN 1
2,164 sqft RM 370.00 PSF

No Properties For Sale

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

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