TAMAN PAYA RUMPUT UTAMA

Area Intelligence
2023
Median Price
RM 650,000
PSF: RM 235

Residential PSF Trends

Median Price

RM 522,500

PSF: RM 235

Commercial PSF Trends

Median Price

RM 700,000

RM 240 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 650K and a median price per square foot (PSF) of RM 235.

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 650K, with most transactions falling within a stable range of RM 546K to RM 750K, and a typical market range of RM 530K to RM 750K.

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

The median PSF stands at RM 235, with core pricing between RM 209 and RM 260. Market pricing typically extends from RM 117.13 to RM 352.13, reflecting moderate variation in unit pricing. With an IQR of RM 235.00 and MAD of RM 25, 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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Property Transactions

7 transactions grouped by size

2,100 sqft
Double Storey Terraced
RM 495,000
JALAN ZAPIN 5
2,110 sqft · RM 235 PSF
RM 550,000
JALAN ZAPIN 6
2,110 sqft · RM 261 PSF
2,300 sqft
Double Storey Terraced
RM 480,000
JALAN ZAPIN 8
2,303 sqft · RM 208 PSF
2,500 sqft
Double Storey Shop
RM 725,000
JALAN INANG 4
2,476 sqft · RM 293 PSF
2,900 sqft
Double Storey Shop
RM 650,000
JALAN INANG 4
2,917 sqft · RM 223 PSF
RM 700,000
JALAN INANG 1
2,917 sqft · RM 240 PSF
3,200 sqft
Double Storey Semi-D
RM 750,000
JALAN ZAPIN 8.
3,197 sqft · RM 235 PSF

No Properties For Sale

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

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