Area Intelligence

TMN MUZAFFAR HEIGHTS

9 properties
2023
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Median Price
RM 420,000
PSF: RM 199

Residential Market

Median Price

RM 420,000

IQR: RM 115
MAD: RM 52
RM 199 PSF 6.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 650,000

IQR: RM 83
MAD: RM 51
RM 422 PSF 14.7%

PSF Trends (2021-2025)

TMN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 9 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 199.

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 420K, with most transactions falling within a stable range of RM 321K to RM 519K, and a typical market range of RM 353K to RM 488K.

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 199, though individual units vary from RM 108 to RM 290 in the core range. The broader market spans RM 146.50 to RM 251.50, indicating diverse property characteristics. A wider spread (IQR: RM 105.00) and deviation (MAD: RM 91) 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

9 properties found

Double Storey Terraced JLN MH
RM 539,000
1,539 sqft Sep 2023
RM 350.00 PSF
Double Storey Terraced JALAN MH 2/1
RM 520,000
4,456 sqft Jul 2023
RM 117.00 PSF
Double Storey Terraced JLN MH 24
RM 475,000
1,496 sqft Jul 2023
RM 317.00 PSF
Double Storey Terraced JALAN MH 2/1
RM 420,000
4,392 sqft Jun 2023
RM 96.00 PSF
Double Storey Terraced JLN MH
RM 288,000
1,539 sqft May 2023
RM 187.00 PSF
Double Storey Terraced JALAN MH 3/3
RM 390,000
1,539 sqft Mar 2023
RM 253.00 PSF
Double Storey Terraced JLN MH 4/2
RM 530,000
1,539 sqft Mar 2023
RM 344.00 PSF
Double Storey Terraced JLN MH
RM 330,000
2,217 sqft Feb 2023
RM 149.00 PSF
Single Storey Terraced JLN MH 10
RM 270,000
1,356 sqft Jan 2023
RM 199.00 PSF