Area Intelligence

TMN MUZAFFAR SHAH

17 properties
2024
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Median Price
RM 280,000
PSF: RM 170

Residential Market

Median Price

RM 280,000

IQR: RM 51
MAD: RM 22
RM 166 PSF 11.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 650,000

IQR: RM 33
MAD: RM 33
RM 422 PSF 8.7%

PSF Trends (2021-2025)

TMN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 17 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 170.

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 389K, 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 170, though individual units vary from RM 96 to RM 244 in the core range. The broader market spans RM 142.50 to RM 197.50, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 74) 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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MUZAFFAR SHAH, Melaka Tengah, Melaka

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Transactions

17 properties found

Single Storey Terraced JALAN SERI RAYA
RM 280,000
3,218 sqft Nov 2024
RM 87.00 PSF
Single Storey Terraced JLN SERI DUTA 2
RM 270,000
1,432 sqft Nov 2024
RM 189.00 PSF
Single Storey Semi-D LORONG SRI MAHKOTA 1
RM 290,000
3,595 sqft Oct 2024
RM 81.00 PSF
Double Storey Shop JLN SRI RAMA 1
RM 650,000
1,539 sqft Oct 2024
RM 422.00 PSF
Single Storey Terraced JALAN SERI RAYA 6
RM 300,000
1,539 sqft Sep 2024
RM 195.00 PSF
Single Storey Semi-D JLN SRI MAHKOTA 1
RM 380,000
3,595 sqft Aug 2024
RM 106.00 PSF
Single Storey Terraced JALAN SERI RAYA 6
RM 280,000
1,539 sqft Aug 2024
RM 182.00 PSF
Single Storey Terraced JALAN SERI RAYA 6
RM 330,000
2,239 sqft Aug 2024
RM 147.00 PSF
Single Storey Terraced JLN SERI RAYA 3
RM 300,000
1,539 sqft Jul 2024
RM 195.00 PSF
Single Storey Terraced JALAN SRI AMAN 5
RM 260,000
1,528 sqft May 2024
RM 170.00 PSF
Single Storey Terraced JLN SRI MAHKOTA
RM 380,000
3,218 sqft May 2024
RM 118.00 PSF
Single Storey Terraced JLN SRI RAYA
RM 270,000
1,539 sqft May 2024
RM 175.00 PSF
Single Storey Terraced JLN. SRI RAYA 6
RM 250,000
1,539 sqft May 2024
RM 162.00 PSF
Single Storey Semi-D JLN SRI MAHKOTA
RM 540,000
4,919 sqft Apr 2024
RM 110.00 PSF
Single Storey Terraced JLN SRI DUTA 2
RM 250,000
1,432 sqft Apr 2024
RM 175.00 PSF
Single Storey Terraced JLN SERI DUTA 2
RM 200,000
1,432 sqft Mar 2024
RM 140.00 PSF
Single Storey Terraced JLN CENDANA
RM 280,000
1,539 sqft Feb 2024
RM 182.00 PSF