TAMAN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 14 subsale transactions in 2022, with a median price of RM 525K and a median price per square foot (PSF) of RM 324.
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 525K, with most transactions falling within a stable range of RM 450K to RM 600K, and a typical market range of RM 454K to RM 596K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 324, with core pricing between RM 270 and RM 378. Market pricing typically extends from RM 260.75 to RM 387.25, reflecting moderate variation in unit pricing. The spread of RM 126.50 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.
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.
