Melaka
Melaka Tengah
Bkt Katil
TAMAN MUZAFFAR SHAH

TAMAN MUZAFFAR SHAH

Area Intelligence

2023

Median Price

RM 340,000

PSF: RM 100

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 100

Commercial PSF Trends

Median Price

RM 600,000

RM 390 PSF

TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 100.

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 340K, with most transactions falling within a stable range of RM 330K to RM 350K, and a typical market range of RM 330K to RM 350K.

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 100, with most transactions between RM 92 and RM 107. The usual range is RM 72.00 to RM 127.00, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 8, 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.

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TAMAN MUZAFFAR SHAH, Melaka Tengah, Melaka

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