TAMAN MUZAFFAR SHAH

Area Intelligence
2023
Median Price
RM 265,000
PSF: RM 172

Residential PSF Trends

Median Price

RM 265,000

PSF: RM 172

Commercial PSF Trends

Median Price

RM 600,000

RM 390 PSF

TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 8 subsale transactions in 2023, with a median price of RM 265K and a median price per square foot (PSF) of RM 172.

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 265K, with most transactions falling within a stable range of RM 250K to RM 281K, and a typical market range of RM 250K to RM 300K.

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

For price per square foot, the median is RM 172, with most transactions between RM 157 and RM 187. The usual range is RM 144.50 to RM 199.50, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 15, 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. 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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Transactions

8 transactions grouped by size

1,450 sqft
Single Storey Terraced
RM 300,000
JALAN SERI DUTA
1,432 sqft · RM 210 PSF
1,550 sqft
Single Storey Terraced
RM 275,000
JALAN SERI RAYA 4
1,539 sqft · RM 179 PSF
RM 260,000
JALAN SRI JAYA
1,539 sqft · RM 169 PSF
RM 250,000
JALAN SERI RAYA 6
1,539 sqft · RM 162 PSF
RM 255,000
JALAN SRI MAHKOTA
1,539 sqft · RM 166 PSF
RM 250,000
JALAN SRI RAYA 5
1,539 sqft · RM 162 PSF
RM 280,000
JALAN SRI RAYA
1,539 sqft · RM 182 PSF
RM 270,000
JALAN SRI JAYA
1,539 sqft · RM 175 PSF

No Properties For Sale

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

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