Area Intelligence

TMN PAYA RUMPUT JAYA (SG BARU TENGAH)

3 properties
2023
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Median Price
RM 230,000
PSF: RM 149

Residential Market

Median Price

RM 235,000

IQR: RM 22
MAD: RM 13
RM 153 PSF 3.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 150,000

RM 108 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PAYA RUMPUT JAYA (SG BARU TENGAH) in Alor Gajah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 149.

This area contains both residential and commercial properties. View 5 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 230K, with most transactions falling within a stable range of RM 190K to RM 240K, and a typical market range of RM 204K to RM 240K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 149, with core pricing between RM 128 and RM 170. Market pricing typically extends from RM 132.38 to RM 165.63, reflecting moderate variation in unit pricing. With an IQR of RM 33.25 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN PAYA RUMPUT JAYA (SG BARU TENGAH), Alor Gajah, Melaka

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Transactions

3 properties grouped by size

1,400 sqft
1 units Shop/Retail Lot
RM 150,000
1,386 sqft · RM 108.00 PSF
Dec 2023
1,550 sqft
2 units Single Storey Terraced
RM 230,000
JALAN KENANGA
1,539 sqft · RM 149.00 PSF
Feb 2023
RM 240,000
JALAN MAWAR
1,539 sqft · RM 156.00 PSF
Jan 2023