TAMAN SERI PAYA RUMPUT

TAMAN SERI PAYA RUMPUT in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 184.

This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 220K, with most transactions falling within a stable range of RM 215K to RM 220K, and a typical market range of RM 210K to RM 220K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 184, with most transactions between RM 180 and RM 188. The usual range is RM 157.00 to RM 211.00, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 4, 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.