Area Intelligence

TMN MUZAFFAR SHAH

33 properties
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Median Price
RM 275,000
PSF: RM 179

Residential Market

Median Price

RM 270,000

IQR: RM 51
MAD: RM 22
RM 175 PSF 11.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 600,000

IQR: RM 33
MAD: RM 33
RM 390 PSF 8.7%

PSF Trends (2021-2025)

TMN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 33 subsale transactions between 2021 and 2025, with a median price of RM 275K and a median price per square foot (PSF) of RM 179.

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 275K, with most transactions falling within a stable range of RM 200K to RM 369K, and a typical market range of RM 210K to RM 340K.

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 179, though individual units vary from RM 118 to RM 240 in the core range. The broader market spans RM 151.50 to RM 206.50, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 61) 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN MUZAFFAR SHAH, Melaka Tengah, Melaka

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Transactions

33 properties grouped by size

1,550 sqft
33 units (showing 6)
RM 310,000
Single Storey Terraced JALAN SRI RAYA 2
1,539 sqft · RM 201.00 PSF
Jan 2025
RM 650,000
Double Storey Shop JLN SRI RAMA 1
1,539 sqft · RM 422.00 PSF
Oct 2024
RM 300,000
Single Storey Terraced JALAN SERI RAYA 6
1,539 sqft · RM 195.00 PSF
Sep 2024
RM 280,000
Single Storey Terraced JALAN SERI RAYA 6
1,539 sqft · RM 182.00 PSF
Aug 2024
RM 300,000
Single Storey Terraced JLN SERI RAYA 3
1,539 sqft · RM 195.00 PSF
Jul 2024
RM 250,000
Single Storey Terraced JLN. SRI RAYA 6
1,539 sqft · RM 162.00 PSF
May 2024