| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sum
|
RM 282,000
|
RM 175
|
1,615 sqft
|
|
|
|
Jalan Sum 1
|
RM 282,000
|
RM 175
|
1,615 sqft
|
|
|
Jalan Sum
|
RM 292,000
|
RM 180
|
1,625 sqft
|
|
|
Jalan Sum
|
RM 342,000
|
RM 148
|
2,303 sqft
|
|
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Market Snapshot
ResidentialRM 287,000
RM 175 psfMedian transaction price
Kampung Paya Rumput Jaya, 76300 Sungai Udang, Melaka, Malaysia
MapsTaman Sungai Udang Mutiara in Melaka Tengah, Melaka recorded 4 subsale transactions in 2023, with a median price of RM 287K and a median price per square foot (PSF) of RM 175.
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 287K, with most transactions falling within a stable range of RM 282K to RM 312K, and a typical market range of RM 282K to RM 317K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 175, with most transactions between RM 162 and RM 187. The usual range is RM 161.16 to RM 188.16, 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 12 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.