TAMAN MUZAFFAR SHAH

Area Intelligence
2024
Median Price
RM 380,000
PSF: RM 106

Residential PSF Trends

Median Price

RM 380,000

PSF: RM 106

Commercial PSF Trends

Median Price

RM 600,000

RM 390 PSF

TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 380K and a median price per square foot (PSF) of RM 106.

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 380K, with most transactions falling within a stable range of RM 287K to RM 473K, and a typical market range of RM 315K to RM 445K.

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

The median PSF stands at RM 106, with core pricing between RM 92 and RM 120. Market pricing typically extends from RM 78.50 to RM 133.50, reflecting moderate variation in unit pricing. With an IQR of RM 55.00 and MAD of RM 14, 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

OSM

Track location

Transactions

5 transactions grouped by size

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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