TAMAN PAYA RUMPUT UTAMA

Area Intelligence
2023
Median Price
RM 600,000
PSF: RM 387

Residential PSF Trends

Median Price

RM 487,500

PSF: RM 304

Commercial PSF Trends

Median Price

RM 712,500

RM 447 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 387.

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 364K to RM 836K, 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 387, though individual units vary from RM 281 to RM 493 in the core range. The broader market spans RM 269.50 to RM 504.50, indicating diverse property characteristics. A wider spread (IQR: RM 235.00) and deviation (MAD: RM 106) 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

1,500 sqft
Single Storey Terraced
RM 270,000
INANG 5
1,507 sqft · RM 179 PSF
1,550 sqft
RM 495,000
JALAN ZAPIN 5
1,539 sqft · RM 322 PSF
RM 650,000
JALAN INANG 4
1,539 sqft · RM 422 PSF
RM 550,000
JALAN ZAPIN 6
1,539 sqft · RM 357 PSF
RM 725,000
JALAN INANG 4
1,539 sqft · RM 471 PSF
1,700 sqft
RM 700,000
JALAN INANG 1
1,679 sqft · RM 417 PSF
RM 480,000
JALAN ZAPIN 8
1,679 sqft · RM 286 PSF
2,100 sqft
Double Storey Shop
RM 1,136,000
JALAN INANG 4
2,099 sqft · RM 541 PSF

No Properties For Sale

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

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