TAMAN PAYA RUMPUT UTAMA

Area Intelligence
2022
Median Price
RM 604,500
PSF: RM 389

Residential PSF Trends

Median Price

RM 410,000

PSF: RM 252

Commercial PSF Trends

Median Price

RM 718,500

RM 440 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2022, with a median price of RM 605K and a median price per square foot (PSF) of RM 389.

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 605K, with most transactions falling within a stable range of RM 386K to RM 823K, and a typical market range of RM 485K to RM 725K.

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 389, though individual units vary from RM 246 to RM 532 in the core range. The broader market spans RM 271.50 to RM 506.50, indicating diverse property characteristics. A wider spread (IQR: RM 235.00) and deviation (MAD: RM 143) 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

8 transactions grouped by size

1,550 sqft
RM 280,000
INANG 5
1,539 sqft · RM 182 PSF
RM 490,000
JALAN ZAPIN 4
1,539 sqft · RM 318 PSF
RM 1,000,000
JALAN INANG 4
1,539 sqft · RM 650 PSF
RM 654,000
JALAN ZAPIN 1
1,539 sqft · RM 425 PSF
RM 555,000
JALAN ZAPIN 4
1,539 sqft · RM 361 PSF
RM 700,000
JALAN INANG 3
1,539 sqft · RM 455 PSF
1,750 sqft
Double Storey Shop
RM 737,000
JALAN INANG 1
1,765 sqft · RM 417 PSF
1,800 sqft
Single Storey Terraced
RM 330,000
JALAN ZAPIN 2
1,776 sqft · RM 186 PSF

No Properties For Sale

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

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