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Market Snapshot
ResidentialRM 292,000
RM 149 psfMedian transaction price
Kampung Paya Rumput Jaya, 76300 Sungai Udang, Melaka, Malaysia
MapsTaman Sungai Udang Mutiara in Melaka Tengah, Melaka recorded 0 subsale transactions in 2021, with a median price of RM 292K and a median price per square foot (PSF) of RM 149.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 292K, with most transactions falling within a stable range of RM 242K to RM 342K, and a typical market range of RM 262K to RM 322K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 149, with most transactions between RM 144 and RM 154. The usual range is RM 135.50 to RM 162.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.