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 grouped by size

1,400 sqft
1 units Single Storey Terraced
RM 260,000
JLN PE 14
1,399 sqft · RM 186.00 PSF
Dec 2021
1,650 sqft
2 units Double Storey Terraced
RM 398,000
JLN PE 15
1,647 sqft · RM 242.00 PSF
Dec 2021
RM 380,000
JLN PE 29
1,647 sqft · RM 231.00 PSF
Dec 2021
1,800 sqft
1 units Single Storey Terraced
RM 250,000
JALAN PE 20
1,787 sqft · RM 140.00 PSF
Dec 2021
1,950 sqft
1 units Double Storey Terraced
RM 505,000
JALAN PE 16B (PARKSVILLE)
1,927 sqft · RM 262.00 PSF
Sep 2021
2,800 sqft
1 units Double Storey Semi-D
RM 660,000
JALAN PE 16B (PARKSVILLE)
2,799 sqft · RM 236.00 PSF
Dec 2021