Area Intelligence

TMN PAYA RUMPUT JAYA (PAYA RUMPUT)

6 properties
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Median Price
RM 400,000
PSF: RM 194

Residential Market

Median Price

RM 345,000

IQR: RM 34
MAD: RM 18
RM 160 PSF 15.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 550,000

IQR: RM 78
MAD: RM 78
RM 357 PSF

PSF Trends (2021-2025)

TMN PAYA RUMPUT JAYA (PAYA RUMPUT) in Melaka Tengah, Melaka recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 400K and a median price per square foot (PSF) of RM 194.

This area contains both residential and commercial properties. View 4 residential properties or 2 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 260K to RM 540K, and a typical market range of RM 288K to RM 513K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 194, though individual units vary from RM 142 to RM 246 in the core range. The broader market spans RM 139.63 to RM 248.38, indicating diverse property characteristics. A wider spread (IQR: RM 108.75) and deviation (MAD: RM 52) indicate significant PSF variations, likely due to diverse property types or conditions.

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 RUMPUT JAYA (PAYA RUMPUT), Melaka Tengah, Melaka

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Transactions

6 properties found

Single Storey Terraced JALAN BPJ 1
RM 200,000
904 sqft Nov 2023
RM 221.00 PSF
Double Storey Shop TMN PAYA RUMPUT JAYA
RM 430,000
1,539 sqft Jul 2023
RM 279.00 PSF
Double Storey Shop TMN PAYA RUMPUT JAYA
RM 670,000
1,539 sqft Jun 2023
RM 435.00 PSF
Single Storey Terraced JLN PRJ 5
RM 320,000
2,433 sqft Mar 2022
RM 132.00 PSF
Single Storey Terraced JLN PRJ 5
RM 370,000
2,433 sqft Mar 2022
RM 152.00 PSF
Double Storey Semi-D JALAN PRJ 5
RM 600,000
3,595 sqft Dec 2021
RM 167.00 PSF