TAMAN PAYA RUMPUT UTAMA

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 6 subsale transactions in 2021, priced between RM 300K and RM 750K, with a median price of RM 540K and a median price per square foot (PSF) of RM 233.

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 540K, with most transactions falling within a stable range of RM 487K to RM 593K, and a typical market range of RM 460K to RM 627K.

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 233, though individual units vary from RM 182 to RM 285 in the core range. The broader market spans RM 115.84 to RM 350.84, indicating diverse property characteristics. The spread of RM 235.00 (IQR) and deviation of RM 52 (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.