TAMAN MUZAFFAR HEIGHTS

Area Intelligence
2023
Median Price
RM 420,000
PSF: RM 199

Residential PSF Trends

Median Price

RM 420,000

PSF: RM 199

Commercial PSF Trends

Median Price

RM 650,000

RM 422 PSF

TAMAN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 9 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 199.

This area contains both residential and commercial properties. View 33 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 420K, with most transactions falling within a stable range of RM 411K to RM 288K, and a typical market range of RM 349K to RM 288K.

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

For price per square foot, the median is RM 199, with most transactions between RM 193 and RM 205. The usual range is RM 135.75 to RM 262.25, showing that most units are priced quite close to each other. With an IQR of RM 126.50 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MUZAFFAR HEIGHTS, Melaka Tengah, Melaka

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Transactions

2 transactions found

RM 288,000
JALAN MH
1,539 sqft RM 187.00 PSF
RM 270,000
JALAN MH 10
1,356 sqft RM 199.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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