TAMAN MUZAFFAR HEIGHTS

Area Intelligence
7 subsale transactions
2021
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Median Price
RM 430,000
PSF: RM 283

Residential PSF Trends

Median Price

RM 415,000

PSF: RM 272

Commercial PSF Trends

Median Price

RM 600,000

RM 390 PSF

TAMAN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, with a median price of RM 430K and a median price per square foot (PSF) of RM 283.

This area contains both residential and commercial properties. View 32 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 430K, with most transactions falling within a stable range of RM 352K to RM 508K, and a typical market range of RM 363K to RM 497K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 283, though individual units vary from RM 224 to RM 342 in the core range. The broader market spans RM 214.88 to RM 351.13, indicating diverse property characteristics. The spread of RM 136.25 (IQR) and deviation of RM 59 (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

OSM

Transactions

7 transactions grouped by size

1,350 sqft
Double Storey Terraced
RM 400,000
JALAN MH 28
1,356 sqft · RM 295.00 PSF
Dec 2021
1,400 sqft
Double Storey Terraced
RM 340,000
JALAN TAKH 14
1,399 sqft · RM 243.00 PSF
Dec 2021
1,550 sqft
RM 505,000
Double Storey Terraced JALAN MH 4/2
1,539 sqft · RM 328.00 PSF
Dec 2021
RM 400,000
Double Storey Terraced JALAN MH 3/1
1,539 sqft · RM 260.00 PSF
Nov 2021
RM 600,000
Double Storey Shop TAMAN. MUZAFFAR HEIGHTS
1,539 sqft · RM 390.00 PSF
Aug 2021
RM 435,000
Double Storey Terraced JALAN MH
1,539 sqft · RM 283.00 PSF
Apr 2021
2,250 sqft
Double Storey Terraced
RM 430,000
JALAN MH 3/2
2,239 sqft · RM 192.00 PSF
Nov 2021