Area Intelligence

TMN SERI PAYA RUMPUT

4 properties
2022
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Median Price
RM 285,000
PSF: RM 151

Residential Market

Median Price

RM 180,000

IQR: RM 50
MAD: RM 25
RM 151 PSF 10.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 420,000

RM 300 PSF

PSF Trends (2021-2025)

TMN SERI PAYA RUMPUT in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 151.

This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 164K to RM 406K, and a typical market range of RM 190K to RM 380K.

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 151, though individual units vary from RM 82 to RM 220 in the core range. The broader market spans RM 124.00 to RM 178.00, indicating diverse property characteristics. A wider spread (IQR: RM 54.00) and deviation (MAD: RM 69) 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 SERI PAYA RUMPUT, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

1,200 sqft
2 units Single Storey Terraced
RM 180,000
JALAN SERI PAYA RUMPUT 1
1,195 sqft · RM 151.00 PSF
Nov 2022
RM 150,000
JLN SPR 2/4
1,195 sqft · RM 126.00 PSF
Aug 2022
1,400 sqft
1 units Double Storey Shop
RM 420,000
JALAN SPR 2/2
1,399 sqft · RM 300.00 PSF
Mar 2022
2,600 sqft
1 units Double Storey Terraced
RM 390,000
JLN SPR 2/3
2,583 sqft · RM 151.00 PSF
Aug 2022