TAMAN MUZAFFAR HEIGHTS

TAMAN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, priced up to RM 300K, with a median price of RM 279K and a median price per square foot (PSF) of RM 164.

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 279K, with most transactions falling within a stable range of RM 270K to RM 288K, and a typical market range of RM 270K to RM 288K.

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

Price per square foot shows a median of RM 164, though individual units vary from RM 130 to RM 199 in the core range. The broader market spans RM 101.23 to RM 227.73, indicating diverse property characteristics. The spread of RM 126.50 (IQR) and deviation of RM 35 (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.