TAMAN PAYA RUMPUT UTAMA

Area Intelligence
2024
Median Price
RM 625,000
PSF: RM 229

Residential PSF Trends

Median Price

RM 600,000

PSF: RM 229

Commercial PSF Trends

Median Price

RM 630,000

RM 226 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, priced between RM 500K and RM 750K, with a median price of RM 625K and a median price per square foot (PSF) of RM 229.

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 625K, with most transactions falling within a stable range of RM 585K to RM 665K, and a typical market range of RM 550K to RM 675K.

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

The median PSF stands at RM 229, with core pricing between RM 195 and RM 264. Market pricing typically extends from RM 111.88 to RM 346.88, reflecting moderate variation in unit pricing. The spread of RM 235.00 (IQR) and deviation of RM 35 (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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Property Transactions

6 transactions grouped by size

2,300 sqft
Double Storey Terraced
RM 580,000
JALAN ZAPIN 8
2,303 sqft · RM 252 PSF
RM 620,000
JALAN ZAPIN 6
2,314 sqft · RM 268 PSF
2,500 sqft
Double Storey Shop
RM 630,000
JALAN ZAPIN 1
2,476 sqft · RM 254 PSF
3,200 sqft
RM 630,000
JALAN ZAPIN 1
3,186 sqft · RM 198 PSF
RM 550,000
JALAN ZAPIN 12
3,197 sqft · RM 172 PSF
3,250 sqft
Double Storey Semi-D
RM 675,000
JALAN ZAPIN 11
3,261 sqft · RM 207 PSF

No Properties For Sale

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

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