Area Intelligence

TMN MUZAFFAR SHAH

21 properties
2022
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Median Price
RM 280,000
PSF: RM 175

Residential Market

Median Price

RM 265,000

IQR: RM 51
MAD: RM 22
RM 169 PSF 11.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 550,000

IQR: RM 33
MAD: RM 33
RM 357 PSF 8.7%

PSF Trends (2021-2025)

TMN MUZAFFAR SHAH in Melaka Tengah, Melaka recorded 21 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 175.

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 733K, 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 175, though individual units vary from RM 115 to RM 235 in the core range. The broader market spans RM 147.50 to RM 202.50, indicating diverse property characteristics. A wider spread (IQR: RM 55.00) and deviation (MAD: RM 60) 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

21 properties grouped by size

1,450 sqft
2 units Single Storey Terraced
RM 200,000
JALAN DUTA 4
1,432 sqft · RM 140.00 PSF
Jul 2022
RM 250,000
JLN SERI DUTA 2
1,432 sqft · RM 175.00 PSF
Mar 2022
1,550 sqft
14 units (showing 6)
RM 390,000
Single Storey Terraced JLN SERI DUTA
1,539 sqft · RM 253.00 PSF
Dec 2022
RM 250,000
Single Storey Terraced JLN SERI MAHKOTA
1,539 sqft · RM 162.00 PSF
Dec 2022
RM 299,000
Single Storey Terraced JALAN SERI RAYA
1,539 sqft · RM 194.00 PSF
Oct 2022
RM 280,000
Single Storey Terraced JALAN SERI RAYA 1
1,539 sqft · RM 182.00 PSF
Oct 2022
RM 240,000
Single Storey Terraced JALAN SERI RAYA 6
1,539 sqft · RM 156.00 PSF
Sep 2022
RM 280,000
Single Storey Terraced JLN SERI AMAN 1
1,539 sqft · RM 182.00 PSF
Aug 2022
1,850 sqft
1 units Single Storey Terraced
RM 235,000
JLN SRI RAYA 6
1,841 sqft · RM 128.00 PSF
Sep 2022
3,250 sqft
1 units Double Storey Semi-D
RM 650,000
JLN MS
3,261 sqft · RM 199.00 PSF
Oct 2022
3,650 sqft
1 units Single Storey Terraced
RM 400,000
JLN SRI RAYA 6
3,670 sqft · RM 109.00 PSF
Mar 2022
7,150 sqft
2 units Detached
RM 1,700,000
JALAN SRI MAHKOTA 2
7,126 sqft · RM 239.00 PSF
Oct 2022
RM 1,900,000
JALAN SRI MAHKOTA 2
7,126 sqft · RM 267.00 PSF
Jul 2022