Area Intelligence

TMN MUZAFFAR HEIGHTS

14 properties
2022
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Median Price
RM 525,000
PSF: RM 324

Residential Market

Median Price

RM 432,500

IQR: RM 115
MAD: RM 52
RM 292 PSF 6.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 750,000

IQR: RM 83
MAD: RM 51
RM 448 PSF 14.7%

PSF Trends (2021-2025)

TMN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 14 subsale transactions in 2022, with a median price of RM 525K and a median price per square foot (PSF) of RM 324.

This area contains both residential and commercial properties. View 31 residential properties or 5 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 250K to RM 855K, and a typical market range of RM 458K to RM 593K.

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

Price per square foot shows a median of RM 324, though individual units vary from RM 213 to RM 435 in the core range. The broader market spans RM 271.50 to RM 376.50, indicating diverse property characteristics. A wider spread (IQR: RM 105.00) and deviation (MAD: RM 111) 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.

Area Location

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TMN MUZAFFAR HEIGHTS, Melaka Tengah, Melaka

OSM

Transactions

14 properties found

Single Storey Terraced JLN MH 29
RM 250,000
1,356 sqft Oct 2022
RM 184.00 PSF
Double Storey Terraced JLN MH 4/1
RM 530,000
1,539 sqft Oct 2022
RM 344.00 PSF
Double Storey Terraced JALAN MH 2/1
RM 425,000
1,399 sqft Sep 2022
RM 304.00 PSF
Double Storey Terraced JALAN MH 2/1
RM 415,000
1,399 sqft Aug 2022
RM 297.00 PSF
Single Storey Terraced JLN MH 29
RM 330,000
1,356 sqft Jul 2022
RM 243.00 PSF
Double Storey Terraced JLN MH 4/3
RM 600,000
1,539 sqft Jul 2022
RM 390.00 PSF
3-Storey Storey Shop JLN MH 3
RM 850,000
1,539 sqft Jul 2022
RM 552.00 PSF
3-Storey Storey Shop JLN MH 3
RM 1,651,000
3,488 sqft Jul 2022
RM 473.00 PSF
Double Storey Shop JLN MH 1
RM 650,000
1,539 sqft Jun 2022
RM 422.00 PSF
Double Storey Terraced JLN MH 4/2
RM 535,000
1,539 sqft Jun 2022
RM 348.00 PSF
Double Storey Terraced JLN MH 3/3
RM 440,000
1,539 sqft Mar 2022
RM 286.00 PSF
Single Storey Semi-D JALAN MH 31
RM 350,000
2,799 sqft Feb 2022
RM 125.00 PSF
Double Storey Semi-D JALAN MH 32
RM 560,000
2,799 sqft Feb 2022
RM 200.00 PSF
Double Storey Shop JLN MH 1
RM 520,000
1,496 sqft Feb 2022
RM 348.00 PSF