Area Intelligence

TMN PAYA EMAS

11 properties
2024
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Median Price
RM 280,000
PSF: RM 186

Residential Market

Median Price

RM 270,000

IQR: RM 91
MAD: RM 39
RM 179 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 11 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 186.

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 280K, with most transactions falling within a stable range of RM 200K to RM 456K, and a typical market range of RM 200K to RM 410K.

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 186, though individual units vary from RM 146 to RM 226 in the core range. The broader market spans RM 136.00 to RM 236.00, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 40 (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

11 properties found

Single Storey Terraced JALAN PE 14
RM 280,000
1,399 sqft Oct 2024
RM 200.00 PSF
Double Storey Terraced JALAN PE 9
RM 650,000
3,175 sqft Sep 2024
RM 205.00 PSF
Single Storey Terraced JALAN PE 20
RM 270,000
1,647 sqft Aug 2024
RM 164.00 PSF
Single Storey Terraced JALAN PE 14
RM 260,000
1,399 sqft May 2024
RM 186.00 PSF
Single Storey Terraced JLN PE 15
RM 200,000
1,399 sqft Apr 2024
RM 143.00 PSF
Single Storey Terraced PE 16
RM 270,000
1,647 sqft Apr 2024
RM 164.00 PSF
Double Storey Shop JALAN PE 3
RM 450,000
1,647 sqft Apr 2024
RM 273.00 PSF
Double Storey Shop JALAN PE 3
RM 450,000
1,647 sqft Apr 2024
RM 273.00 PSF
Double Storey Terraced JLN PE 22
RM 540,000
3,035 sqft Feb 2024
RM 178.00 PSF
Single Storey Terraced JLN PE 2
RM 250,000
1,399 sqft Jan 2024
RM 179.00 PSF
Double Storey Semi-D JLN PAYA EMAS 24
RM 750,000
3,595 sqft Jan 2024
RM 209.00 PSF