TAMAN MUZAFFAR SHAH

Area Intelligence
2022
Median Price
RM 280,000
PSF: RM 175

Residential PSF Trends

Median Price

RM 265,000

PSF: RM 169

Commercial PSF Trends

Median Price

RM 550,000

RM 357 PSF

TAMAN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 21 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 175.

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 280K, with most transactions falling within a stable range of RM 200K to RM 733K, and a typical market range of RM 215K to RM 345K.

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 175, though individual units vary from RM 115 to RM 235 in the core range. The broader market spans RM 147.50 to RM 202.50, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 60) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN MUZAFFAR SHAH, Melaka Tengah, Melaka

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Transactions

21 transactions grouped by size

1,450 sqft
Single Storey Terraced
RM 200,000
JALAN DUTA 4
1,432 sqft · RM 140 PSF
RM 250,000
JALAN SERI DUTA 2
1,432 sqft · RM 175 PSF
1,550 sqft
RM 390,000
JALAN SERI DUTA
1,539 sqft · RM 253 PSF
RM 250,000
JALAN SERI MAHKOTA
1,539 sqft · RM 162 PSF
RM 299,000
JALAN SERI RAYA
1,539 sqft · RM 194 PSF
RM 280,000
JALAN SERI RAYA 1
1,539 sqft · RM 182 PSF
RM 240,000
JALAN SERI RAYA 6
1,539 sqft · RM 156 PSF
RM 550,000
JALAN SRI RAMA 1
1,539 sqft · RM 357 PSF
1,850 sqft
Single Storey Terraced
RM 235,000
JALAN SRI RAYA 6
1,841 sqft · RM 128 PSF
3,250 sqft
Double Storey Semi-D
RM 650,000
JALAN MS
3,261 sqft · RM 199 PSF
3,650 sqft
Single Storey Terraced
RM 400,000
JALAN SRI RAYA 6
3,670 sqft · RM 109 PSF
7,150 sqft
Bungalow
RM 1,700,000
JALAN SRI MAHKOTA 2
7,126 sqft · RM 239 PSF
RM 1,900,000
JALAN SRI MAHKOTA 2
7,126 sqft · RM 267 PSF

No Properties For Sale

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

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