TAMAN MUZAFFAR SHAH

Area Intelligence
2023
Median Price
RM 272,500
PSF: RM 167

Residential PSF Trends

Median Price

RM 272,500

PSF: RM 167

TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 273K and a median price per square foot (PSF) of RM 167.

This area contains both residential and commercial properties. View 46 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 273K, with most transactions falling within a stable range of RM 250K to RM 305K, and a typical market range of RM 250K to RM 338K.

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

The median PSF stands at RM 167, with core pricing between RM 134 and RM 201. Market pricing typically extends from RM 139.79 to RM 194.79, reflecting moderate variation in unit pricing. The spread of RM 55.00 (IQR) and deviation of RM 33 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MUZAFFAR SHAH, Melaka Tengah, Melaka

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Property Transactions

10 transactions grouped by road

1,539 - 3,595 sqft
RM 330,000
3,595 sqft
RM 92 PSF · Single Storey Semi-D
RM 255,000
1,539 sqft
RM 166 PSF · Single Storey Terraced
RM 260,000
1,539 sqft
RM 169 PSF
RM 270,000
1,539 sqft
RM 175 PSF
RM 275,000
1,539 sqft
RM 179 PSF
RM 300,000
1,432 sqft
RM 210 PSF
RM 350,000
3,261 sqft
RM 107 PSF
RM 250,000
1,539 sqft
RM 162 PSF
RM 250,000
1,539 sqft
RM 162 PSF
RM 280,000
1,539 sqft
RM 182 PSF

No Properties For Sale

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

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