TMN PAYA RUMPUT UTAMA

TMN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 210.

This area contains both residential and commercial properties. View 19 residential properties or 14 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 460K to RM 652K, and a typical market range of RM 460K to RM 659K.

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 210, though individual units vary from RM 121 to RM 299 in the core range. The broader market spans RM 99.50 to RM 320.50, indicating diverse property characteristics. A wider spread (IQR: RM 221.00) and deviation (MAD: RM 89) 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.