Area Intelligence

TMN PAYA RUMPUT UTAMA

14 properties
Double Storey Shop
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Median Price
RM 712,500
PSF: RM 424

Residential Market

Median Price

RM 495,000

IQR: RM 106
MAD: RM 46
RM 235 PSF 0.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 712,500

IQR: RM 113
MAD: RM 40
RM 424 PSF 4.1%

PSF Trends (2021-2025)

TMN PAYA RUMPUT UTAMA in Melaka Tengah, Melaka recorded 14 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 713K and a median price per square foot (PSF) of RM 424.

This area contains both residential and commercial properties. View 19 residential properties or 14 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 713K, with most transactions falling within a stable range of RM 627K to RM 1.15 million, and a typical market range of RM 627K to RM 821K.

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

Price per square foot shows a median of RM 424, though individual units vary from RM 325 to RM 522 in the core range. The broader market spans RM 313.00 to RM 534.00, indicating diverse property characteristics. The spread of RM 221.00 (IQR) and deviation of RM 98 (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 RUMPUT UTAMA, Melaka Tengah, Melaka

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Transactions

14 properties grouped by size

1,550 sqft
8 units Double Storey Shop
RM 630,000
JALAN ZAPIN 1
1,539 sqft · RM 409.00 PSF
Aug 2024
RM 630,000
JLN ZAPIN 1
1,539 sqft · RM 409.00 PSF
Jun 2024
RM 833,000
JALAN INANG 4
1,539 sqft · RM 541.00 PSF
Apr 2024
RM 650,000
JALAN INANG 4
1,539 sqft · RM 422.00 PSF
Aug 2023
RM 725,000
JLN INANG 4
1,539 sqft · RM 471.00 PSF
Feb 2023
RM 1,000,000
JALAN INANG 4
1,539 sqft · RM 650.00 PSF
Sep 2022
RM 654,000
JALAN ZAPIN 1
1,539 sqft · RM 425.00 PSF
Aug 2022
RM 700,000
JLN INANG 3
1,539 sqft · RM 455.00 PSF
Apr 2022
1,700 sqft
1 units Double Storey Shop
RM 700,000
JALAN INANG 1
1,679 sqft · RM 417.00 PSF
May 2023
1,750 sqft
2 units Double Storey Shop
RM 737,000
JLN INANG 1
1,765 sqft · RM 417.00 PSF
Jun 2022
RM 627,000
JLN INANG 1
1,765 sqft · RM 355.00 PSF
Oct 2021
2,100 sqft
1 units Double Storey Shop
RM 1,136,000
JALAN INANG 4
2,099 sqft · RM 541.00 PSF
Feb 2023
2,150 sqft
1 units Double Storey Shop
RM 800,000
JALAN ZAPIN 1
2,164 sqft · RM 370.00 PSF
Sep 2021
3,350 sqft
1 units Double Storey Shop
RM 2,350,000
JLN INANG 4
3,369 sqft · RM 698.00 PSF
Sep 2022