Melaka
Melaka Tengah
Paya Rumput
TAMAN PAYA RUMPUT UTAMA

TAMAN PAYA RUMPUT UTAMA

Area Intelligence

2021

Median Price

RM 520,000

PSF: RM 133

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Residential PSF Trends

Median Price

RM 520,000

PSF: RM 133

Commercial PSF Trends

Median Price

RM 721,500

RM 440 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 520K and a median price per square foot (PSF) of RM 133.

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 520K, with most transactions falling within a stable range of RM 460K to RM 580K, and a typical market range of RM 460K to RM 580K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 133, with core pricing between RM 118 and RM 148. Market pricing typically extends from RM 15.50 to RM 250.50, reflecting moderate variation in unit pricing. With an IQR of RM 235.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

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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