TAMAN MUZAFFAR HEIGHTS

Area Intelligence
2023
Median Price
RM 432,500
PSF: RM 285

Residential PSF Trends

Median Price

RM 432,500

PSF: RM 285

Commercial PSF Trends

Median Price

RM 650,000

RM 422 PSF

TAMAN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 6 subsale transactions in 2023, with a median price of RM 433K and a median price per square foot (PSF) of RM 285.

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 433K, with most transactions falling within a stable range of RM 325K to RM 539K, and a typical market range of RM 362K to RM 504K.

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 285, though individual units vary from RM 219 to RM 351 in the core range. The broader market spans RM 221.75 to RM 348.25, indicating diverse property characteristics. The spread of RM 126.50 (IQR) and deviation of RM 66 (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.

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TAMAN MUZAFFAR HEIGHTS, Melaka Tengah, Melaka

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Transactions

6 transactions grouped by size

1,350 sqft
Single Storey Terraced
RM 270,000
JALAN MH 10
1,356 sqft · RM 199 PSF
1,500 sqft
Double Storey Terraced
RM 475,000
JALAN MH 24
1,496 sqft · RM 317 PSF
1,550 sqft
Double Storey Terraced
RM 539,000
JALAN MH
1,539 sqft · RM 350 PSF
RM 288,000
JALAN MH
1,539 sqft · RM 187 PSF
RM 390,000
JALAN MH 3/3
1,539 sqft · RM 253 PSF
RM 530,000
JALAN MH 4/2
1,539 sqft · RM 344 PSF

No Properties For Sale

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

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