TAMAN PAYA RUMPUT UTAMA

Area Intelligence
2021
Median Price
RM 550,000
PSF: RM 240

Residential PSF Trends

Median Price

RM 530,000

PSF: RM 210

Commercial PSF Trends

Median Price

RM 713,500

RM 363 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 5 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 240.

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 550K, with most transactions falling within a stable range of RM 510K to RM 656K, and a typical market range of RM 510K to RM 670K.

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 240, though individual units vary from RM 169 to RM 311 in the core range. The broader market spans RM 122.50 to RM 357.50, indicating diverse property characteristics. A wider spread (IQR: RM 235.00) and deviation (MAD: RM 71) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PAYA RUMPUT UTAMA, Melaka Tengah, Melaka

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Transactions

5 transactions grouped by size

1,750 sqft
Double Storey Shop
RM 627,000
JALAN INANG 1
1,765 sqft · RM 355 PSF
2,150 sqft
Double Storey Shop
RM 800,000
JALAN ZAPIN 1
2,164 sqft · RM 370 PSF
2,200 sqft
Double Storey Terraced
RM 530,000
JALAN ZAPIN 4
2,207 sqft · RM 240 PSF
2,450 sqft
Double Storey Terraced
RM 510,000
JALAN ZAPIN 4
2,433 sqft · RM 210 PSF
2,650 sqft
Double Storey Terraced
RM 550,000
JALAN ZAPIN 4
2,659 sqft · RM 207 PSF

No Properties For Sale

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

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