TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 363K and a median price per square foot (PSF) of RM 198.
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 363K, with most transactions falling within a stable range of RM 323K to RM 403K, and a typical market range of RM 298K to RM 428K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 198, with core pricing between RM 170 and RM 226. Market pricing typically extends from RM 170.50 to RM 225.50, reflecting moderate variation in unit pricing. With an IQR of RM 55.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.
