Melaka
Melaka Tengah
Bkt Katil
TAMAN MUZAFFAR SHAH

TAMAN MUZAFFAR SHAH

Area Intelligence

2022

Median Price

RM 525,000

PSF: RM 154

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Residential PSF Trends

Median Price

RM 525,000

PSF: RM 154

Commercial PSF Trends

Median Price

RM 600,000

RM 390 PSF

TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 2 subsale transactions in 2022, with a median price of RM 525K and a median price per square foot (PSF) of RM 154.

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 525K, with most transactions falling within a stable range of RM 400K to RM 650K, and a typical market range of RM 460K to RM 590K.

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 154, though individual units vary from RM 109 to RM 199 in the core range. The broader market spans RM 126.50 to RM 181.50, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 45) 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.

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TAMAN MUZAFFAR SHAH, Melaka Tengah, Melaka

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