TMN PAYA RUMPUT UTAMA

TMN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 12 subsale transactions in 2024, with a median price of RM 565K and a median price per square foot (PSF) of RM 226.

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 565K, with most transactions falling within a stable range of RM 393K to RM 737K, and a typical market range of RM 456K to RM 674K.

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 226, though individual units vary from RM 105 to RM 346 in the core range. The broader market spans RM 115.00 to RM 336.00, indicating diverse property characteristics. A wider spread (IQR: RM 221.00) and deviation (MAD: RM 120) 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.