Area Intelligence

TMN PAYA EMAS

13 properties
2023
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Median Price
RM 400,000
PSF: RM 206

Residential Market

Median Price

RM 400,000

IQR: RM 91
MAD: RM 39
RM 206 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 13 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 206.

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 400K, with most transactions falling within a stable range of RM 225K to RM 587K, and a typical market range of RM 270K to RM 530K.

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

Price per square foot shows a median of RM 206, though individual units vary from RM 155 to RM 257 in the core range. The broader market spans RM 156.00 to RM 256.00, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 51 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

13 properties found

Single Storey Terraced JALAN PE 15
RM 280,000
1,647 sqft Dec 2023
RM 170.00 PSF
Single Storey Terraced JLN PE 14
RM 280,000
1,399 sqft Nov 2023
RM 200.00 PSF
Double Storey Terraced JLN PE 21
RM 400,000
1,399 sqft Nov 2023
RM 286.00 PSF
Double Storey Terraced JLN PE 16B
RM 650,000
2,153 sqft Oct 2023
RM 302.00 PSF
Single Storey Terraced JALAN PE 20
RM 300,000
2,153 sqft Jul 2023
RM 139.00 PSF
Double Storey Semi-D JALAN PE 16A
RM 630,000
3,003 sqft Jul 2023
RM 210.00 PSF
Single Storey Terraced JLN PE 13
RM 225,000
1,399 sqft Jun 2023
RM 161.00 PSF
Double Storey Semi-D JALAN PE 16B (PARKSVILLE)
RM 755,000
2,799 sqft Jun 2023
RM 270.00 PSF
Single Storey Terraced JALAN PE 15
RM 340,000
1,647 sqft Apr 2023
RM 206.00 PSF
Single Storey Terraced JALAN PE 17
RM 280,000
1,647 sqft Mar 2023
RM 170.00 PSF
Double Storey Semi-D JALAN PE 16A
RM 700,000
3,197 sqft Mar 2023
RM 219.00 PSF
Double Storey Terraced JLN PE 5
RM 570,000
2,077 sqft Mar 2023
RM 274.00 PSF
Double Storey Semi-D JALAN PE 16A
RM 657,000
3,875 sqft Feb 2023
RM 170.00 PSF