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 grouped by size

1,350 sqft
2 units Single Storey Terraced
RM 250,000
JLN MH 29
1,356 sqft · RM 184.00 PSF
Oct 2022
RM 330,000
JLN MH 29
1,356 sqft · RM 243.00 PSF
Jul 2022
1,400 sqft
2 units Double Storey Terraced
RM 425,000
JALAN MH 2/1
1,399 sqft · RM 304.00 PSF
Sep 2022
RM 415,000
JALAN MH 2/1
1,399 sqft · RM 297.00 PSF
Aug 2022
1,500 sqft
1 units Double Storey Shop
RM 520,000
JLN MH 1
1,496 sqft · RM 348.00 PSF
Feb 2022
1,550 sqft
6 units
RM 530,000
Double Storey Terraced JLN MH 4/1
1,539 sqft · RM 344.00 PSF
Oct 2022
RM 600,000
Double Storey Terraced JLN MH 4/3
1,539 sqft · RM 390.00 PSF
Jul 2022
RM 850,000
3-Storey Storey Shop JLN MH 3
1,539 sqft · RM 552.00 PSF
Jul 2022
RM 650,000
Double Storey Shop JLN MH 1
1,539 sqft · RM 422.00 PSF
Jun 2022
RM 535,000
Double Storey Terraced JLN MH 4/2
1,539 sqft · RM 348.00 PSF
Jun 2022
RM 440,000
Double Storey Terraced JLN MH 3/3
1,539 sqft · RM 286.00 PSF
Mar 2022
2,800 sqft
2 units
RM 350,000
Single Storey Semi-D JALAN MH 31
2,799 sqft · RM 125.00 PSF
Feb 2022
RM 560,000
Double Storey Semi-D JALAN MH 32
2,799 sqft · RM 200.00 PSF
Feb 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