Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT UTAMA

TAMAN PAYA RUMPUT UTAMA

Area Intelligence

2023

Median Price

RM 750,000

PSF: RM 235

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Residential PSF Trends

Median Price

RM 750,000

PSF: RM 235

Commercial PSF Trends

Median Price

RM 721,500

RM 440 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 750K 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.

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

For price per square foot, the median is RM 235, with most transactions between RM 235 and RM 235. The usual range is RM 117.50 to RM 352.50, showing that most units are priced quite close to each other. With an IQR of RM 235.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA RUMPUT UTAMA, Melaka Tengah, Melaka

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