TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 32 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 356.
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 600K, with most transactions falling within a stable range of RM 477K to RM 723K, and a typical market range of RM 480K to RM 720K.
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 356, though individual units vary from RM 251 to RM 461 in the core range. The broader market spans RM 238.50 to RM 473.50, indicating diverse property characteristics. A wider spread (IQR: RM 235.00) and deviation (MAD: RM 105) 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. Moderate transaction volume may require patience when buying or selling.
