TAMAN MUZAFFAR HEIGHTS

Area Intelligence
2023
Median Price
RM 420,000
PSF: RM 117

Residential PSF Trends

Median Price

RM 420,000

PSF: RM 117

Commercial PSF Trends

Median Price

RM 650,000

RM 422 PSF

TAMAN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 3 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 117.

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 342K to RM 498K, and a typical market range of RM 349K to RM 491K.

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

The median PSF stands at RM 117, with core pricing between RM 95 and RM 139. Market pricing typically extends from RM 53.75 to RM 180.25, reflecting moderate variation in unit pricing. The spread of RM 126.50 (IQR) and deviation of RM 22 (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

3 transactions grouped by size

2,200 sqft
Double Storey Terraced
RM 330,000
JALAN MH
2,217 sqft · RM 149 PSF
4,400 sqft
Double Storey Terraced
RM 420,000
JALAN MH 2/1
4,392 sqft · RM 96 PSF
4,450 sqft
Double Storey Terraced
RM 520,000
JALAN MH 2/1
4,456 sqft · RM 117 PSF

No Properties For Sale

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

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