TAMAN MUZAFFAR SHAH

Area Intelligence
2024
Median Price
RM 355,000
PSF: RM 108

Residential PSF Trends

Median Price

RM 355,000

PSF: RM 108

Commercial PSF Trends

Median Price

RM 600,000

RM 390 PSF

TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 6 subsale transactions in 2024, with a median price of RM 355K and a median price per square foot (PSF) of RM 108.

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 355K, with most transactions falling within a stable range of RM 280K to RM 442K, and a typical market range of RM 290K to RM 420K.

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 108, though individual units vary from RM 86 to RM 130 in the core range. The broader market spans RM 80.50 to RM 135.50, indicating diverse property characteristics. The spread of RM 55.00 (IQR) and deviation of RM 22 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MUZAFFAR SHAH, Melaka Tengah, Melaka

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Transactions

6 transactions grouped by size

2,250 sqft
Single Storey Terraced
RM 330,000
JALAN SERI RAYA 6
2,239 sqft · RM 147 PSF
3,200 sqft
Single Storey Terraced
RM 280,000
JALAN SERI RAYA
3,218 sqft · RM 87 PSF
RM 380,000
JALAN SRI MAHKOTA
3,218 sqft · RM 118 PSF
3,600 sqft
Single Storey Semi-D
RM 290,000
LORONG SRI MAHKOTA 1
3,595 sqft · RM 81 PSF
RM 380,000
JALAN SRI MAHKOTA 1
3,595 sqft · RM 106 PSF
4,900 sqft
Single Storey Semi-D
RM 540,000
JALAN SRI MAHKOTA
4,919 sqft · RM 110 PSF

No Properties For Sale

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

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