TAMAN PAYA RUMPUT UTAMA

Area Intelligence
2021
Median Price
RM 540,000
PSF: RM 209

Residential PSF Trends

Median Price

RM 530,000

PSF: RM 207

Commercial PSF Trends

Median Price

RM 800,000

RM 370 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 6 subsale transactions in 2021, with a median price of RM 540K and a median price per square foot (PSF) of RM 209.

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 540K, with most transactions falling within a stable range of RM 460K to RM 649K, and a typical market range of RM 460K to RM 660K.

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 209, though individual units vary from RM 128 to RM 289 in the core range. The broader market spans RM 91.00 to RM 326.00, indicating diverse property characteristics. A wider spread (IQR: RM 235.00) and deviation (MAD: RM 80) 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

6 transactions grouped by size

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
3,100 sqft
Single Storey Semi-D
RM 460,000
JALAN ZAPIN 10
3,100 sqft · RM 148 PSF
4,900 sqft
Single Storey Semi-D
RM 580,000
JALAN ZAPIN 10
4,898 sqft · RM 118 PSF

No Properties For Sale

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

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