Area Intelligence

TMN MUZAFFAR SHAH

4 properties
2021
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Median Price
RM 362,500
PSF: RM 198

Residential Market

Median Price

RM 362,500

IQR: RM 51
MAD: RM 22
RM 198 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 4 subsale transactions in 2021, with a median price of RM 363K and a median price per square foot (PSF) of RM 198.

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 363K, with most transactions falling within a stable range of RM 293K to RM 390K, and a typical market range of RM 298K to RM 390K.

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 198, though individual units vary from RM 128 to RM 268 in the core range. The broader market spans RM 170.50 to RM 225.50, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 70) 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 SHAH, Melaka Tengah, Melaka

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Transactions

4 properties grouped by size

1,550 sqft
3 units Single Storey Terraced
RM 390,000
JLN SERI DUTA 4
1,539 sqft · RM 253.00 PSF
Dec 2021
RM 220,000
JLN SRI MAHKOTA
1,539 sqft · RM 143.00 PSF
Nov 2021
RM 390,000
JLN SERI DUTA
1,539 sqft · RM 253.00 PSF
Oct 2021
3,650 sqft
1 units Single Storey Semi-D
RM 335,000
JLN SRI AMAN
3,638 sqft · RM 92.00 PSF
Nov 2021