Area Intelligence

TMN PAYA EMAS

6 properties
2021
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Median Price
RM 389,000
PSF: RM 234

Residential Market

Median Price

RM 389,000

IQR: RM 91
MAD: RM 39
RM 234 PSF 8.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 450,000

IQR: RM 8
RM 273 PSF 2.6%

PSF Trends (2021-2025)

TMN PAYA EMAS in Melaka Tengah, Melaka recorded 6 subsale transactions in 2021, with a median price of RM 389K and a median price per square foot (PSF) of RM 234.

This area contains both residential and commercial properties. View 42 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 389K, with most transactions falling within a stable range of RM 250K to RM 531K, and a typical market range of RM 259K to RM 519K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 234, with core pricing between RM 192 and RM 275. Market pricing typically extends from RM 183.50 to RM 283.50, reflecting moderate variation in unit pricing. The spread of RM 100.00 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TMN PAYA EMAS, Melaka Tengah, Melaka

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Transactions

6 properties found

Single Storey Terraced JALAN PE 20
RM 250,000
1,787 sqft Dec 2021
RM 140.00 PSF
Single Storey Terraced JLN PE 14
RM 260,000
1,399 sqft Dec 2021
RM 186.00 PSF
Double Storey Semi-D JALAN PE 16B (PARKSVILLE)
RM 660,000
2,799 sqft Dec 2021
RM 236.00 PSF
Double Storey Terraced JLN PE 15
RM 398,000
1,647 sqft Dec 2021
RM 242.00 PSF
Double Storey Terraced JLN PE 29
RM 380,000
1,647 sqft Dec 2021
RM 231.00 PSF
Double Storey Terraced JALAN PE 16B (PARKSVILLE)
RM 505,000
1,927 sqft Sep 2021
RM 262.00 PSF