Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT UTAMA

TAMAN PAYA RUMPUT UTAMA

Area Intelligence

2023

Median Price

RM 943,000

PSF: RM 388

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Residential PSF Trends

Median Price

RM 750,000

PSF: RM 235

Commercial PSF Trends

Median Price

RM 1,136,000

RM 541 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 943K and a median price per square foot (PSF) of RM 388.

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 943K, with most transactions falling within a stable range of RM 750K to RM 1.14 million, and a typical market range of RM 823K to RM 1.06 million.

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 388, though individual units vary from RM 235 to RM 541 in the core range. The broader market spans RM 270.50 to RM 505.50, indicating diverse property characteristics. A wider spread (IQR: RM 235.00) and deviation (MAD: RM 153) indicate significant PSF variations, likely due to diverse property types or conditions.

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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