Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT UTAMA

TAMAN PAYA RUMPUT UTAMA

Area Intelligence

2023

Median Price

RM 650,000

PSF: RM 357

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 495,000

PSF: RM 286

Commercial PSF Trends

Median Price

RM 712,500

RM 447 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 9 subsale transactions in 2023, with a median price of RM 650K and a median price per square foot (PSF) of RM 357.

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 579K to RM 721K, and a typical market range of RM 550K to RM 750K.

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 357, though individual units vary from RM 276 to RM 438 in the core range. The broader market spans RM 239.50 to RM 474.50, indicating diverse property characteristics. The spread of RM 235.00 (IQR) and deviation of RM 81 (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.

Loading map...

TAMAN PAYA RUMPUT UTAMA, Melaka Tengah, Melaka

OSM

Track location

Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

1,550 sqft

RM 650,000

JALAN INANG 4

1,539 sqft · RM 422 PSF

Aug 2023

RM 550,000

JALAN ZAPIN 6

1,539 sqft · RM 357 PSF

Jun 2023

RM 725,000

JALAN INANG 4

1,539 sqft · RM 471 PSF

Feb 2023

JALAN INANG 4	RM 650,000	RM 422	1,539 sqft	Aug 2023	Double Storey Shop
JALAN ZAPIN 6	RM 550,000	RM 357	1,539 sqft	Jun 2023	Double Storey Terraced
JALAN INANG 4	RM 725,000	RM 471	1,539 sqft	Feb 2023	Double Storey Shop