TAMAN PAYA RUMPUT UTAMA

Area Intelligence
2024
Median Price
RM 550,000
PSF: RM 172

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 172

Commercial PSF Trends

Median Price

RM 721,500

RM 440 PSF

TAMAN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 172.

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 550K, with most transactions falling within a stable range of RM 440K to RM 660K, and a typical market range of RM 430K to RM 670K.

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 172, though individual units vary from RM 133 to RM 211 in the core range. The broader market spans RM 54.50 to RM 289.50, indicating diverse property characteristics. The spread of RM 235.00 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.

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

3 transactions grouped by size

3,200 sqft
Single Storey Semi-D
RM 550,000
JALAN ZAPIN 12
3,197 sqft · RM 172 PSF
3,250 sqft
Double Storey Semi-D
RM 675,000
JALAN ZAPIN 11
3,261 sqft · RM 207 PSF
3,600 sqft
Single Storey Semi-D
RM 405,000
OFF LEBUH SPA
3,595 sqft · RM 113 PSF

No Properties For Sale

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

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