TAMAN MUZAFFAR SHAH

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 168.

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 300K to RM 293K, and a typical market range of RM 300K to RM 338K.

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

Price per square foot shows a median of RM 168, though individual units vary from RM 115 to RM 220 in the core range. The broader market spans RM 140.00 to RM 195.00, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 52) indicate significant PSF variations, likely due to diverse property types or conditions.

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.