TAMAN MUZAFFAR SHAH

TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 3 subsale transactions in 2021, priced between RM 300K and RM 750K, with a median price of RM 390K and a median price per square foot (PSF) of RM 253.

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 390K, with most transactions falling within a stable range of RM 364K to RM 390K, and a typical market range of RM 335K to RM 390K.

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 253, though individual units vary from RM 177 to RM 329 in the core range. The broader market spans RM 225.87 to RM 280.87, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 76) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.