TAMAN PAYA BARU

TAMAN PAYA BARU in Melaka Tengah, Melaka recorded 5 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 346K and a median price per square foot (PSF) of RM 225.

This area contains both residential and commercial properties. View 3 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 346K, with most transactions falling within a stable range of RM 346K to RM 420K, and a typical market range of RM 346K to RM 401K.

Within the Single Storey Shop category, 1 - 1 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 225, with most transactions between RM 213 and RM 237. The usual range is RM 204.00 to RM 246.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.