Area Intelligence

TMN MUZAFFAR SHAH

2 properties
Double Storey Shop
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Median Price
RM 600,000
PSF: RM 390

Residential Market

Median Price

RM 277,500

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 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 600K and a median price per square foot (PSF) of RM 390.

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 600K, with most transactions falling within a stable range of RM 550K to RM 650K, and a typical market range of RM 550K to RM 650K.

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

For price per square foot, the median is RM 390, with most transactions between RM 357 and RM 422. The usual range is RM 362.00 to RM 417.00, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 33, 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 SHAH, Melaka Tengah, Melaka

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Transactions

2 properties grouped by size

1,550 sqft
2 units Double Storey Shop
RM 650,000
JLN SRI RAMA 1
1,539 sqft · RM 422.00 PSF
Oct 2024
RM 550,000
JLN SRI RAMA 1
1,539 sqft · RM 357.00 PSF
Aug 2022