Area Intelligence

TMN PAYA EMAS

3 properties
Double Storey Shop
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Median Price
RM 450,000
PSF: RM 273

Residential Market

Median Price

RM 389,000

IQR: RM 91
MAD: RM 39
RM 203 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 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 450K and a median price per square foot (PSF) of RM 273.

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 450K, with most transactions falling within a stable range of RM 450K to RM 462K, and a typical market range of RM 450K to RM 475K.

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

For price per square foot, the median is RM 273, with most transactions between RM 266 and RM 280. The usual range is RM 223.00 to RM 323.00, showing that most units are priced quite close to each other. With an IQR of RM 100.00 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

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

3 properties grouped by size

1,650 sqft
3 units Double Storey Shop
RM 450,000
JALAN PE 3
1,647 sqft · RM 273.00 PSF
Apr 2024
RM 450,000
JALAN PE 3
1,647 sqft · RM 273.00 PSF
Apr 2024
RM 475,000
JALAN PE 3
1,647 sqft · RM 288.00 PSF
Nov 2022