Area Intelligence

TMN MUZAFFAR HEIGHTS

2 properties
3-Storey Storey Shop
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Median Price
RM 1,250,500
PSF: RM 513

Residential Market

Median Price

RM 435,000

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

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,250,500

IQR: RM 83
MAD: RM 51
RM 513 PSF 14.7%

PSF Trends (2021-2025)

TMN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 513.

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 1.25 million, with most transactions falling within a stable range of RM 850K to RM 1.65 million, and a typical market range of RM 1.18 million to RM 1.32 million.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 513, with most transactions between RM 473 and RM 552. The usual range is RM 460.00 to RM 565.00, showing that most units are priced quite close to each other. With an IQR of RM 105.00 and MAD of RM 40, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MUZAFFAR HEIGHTS, Melaka Tengah, Melaka

OSM

Transactions

2 properties grouped by size

1,550 sqft
1 units 3-Storey Storey Shop
RM 850,000
JLN MH 3
1,539 sqft · RM 552.00 PSF
Jul 2022
3,500 sqft
1 units 3-Storey Storey Shop
RM 1,651,000
JLN MH 3
3,488 sqft · RM 473.00 PSF
Jul 2022