Melaka
Melaka Tengah
Bkt Katil
TAMAN MUZAFFAR SHAH

TAMAN MUZAFFAR SHAH

Area Intelligence

2021

Median Price

RM 362,500

PSF: RM 198

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Residential PSF Trends

Median Price

RM 362,500

PSF: RM 198

Commercial PSF Trends

Median Price

RM 600,000

RM 390 PSF

TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 363K and a median price per square foot (PSF) of RM 198.

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 363K, with most transactions falling within a stable range of RM 293K to RM 390K, and a typical market range of RM 298K to RM 390K.

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 198, though individual units vary from RM 128 to RM 268 in the core range. The broader market spans RM 170.50 to RM 225.50, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 70) 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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Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	Land PSF	Land	Date	Type

1,550 sqft

Single Storey Terraced

1,550 sqft

Single Storey Terraced

RM 390,000

JALAN SERI DUTA 4

1,539 sqft · RM 253 PSF

Dec 2021

RM 220,000

JALAN SRI MAHKOTA

1,539 sqft · RM 143 PSF

Nov 2021

RM 390,000

JALAN SERI DUTA

1,539 sqft · RM 253 PSF

Oct 2021

JALAN SERI DUTA 4	RM 390,000	RM 253	1,539 sqft	Dec 2021
JALAN SRI MAHKOTA	RM 220,000	RM 143	1,539 sqft	Nov 2021
JALAN SERI DUTA	RM 390,000	RM 253	1,539 sqft	Oct 2021