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 grouped by size

1,450 sqft
3 units Single Storey Terraced
RM 270,000
JLN SERI DUTA 2
1,432 sqft · RM 189.00 PSF
Nov 2024
RM 250,000
JLN SRI DUTA 2
1,432 sqft · RM 175.00 PSF
Apr 2024
RM 200,000
JLN SERI DUTA 2
1,432 sqft · RM 140.00 PSF
Mar 2024
1,550 sqft
8 units
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 260,000
Single Storey Terraced JALAN SRI AMAN 5
1,528 sqft · RM 170.00 PSF
May 2024
RM 270,000
Single Storey Terraced JLN SRI RAYA
1,539 sqft · RM 175.00 PSF
May 2024
RM 250,000
Single Storey Terraced JLN. SRI RAYA 6
1,539 sqft · RM 162.00 PSF
May 2024
RM 280,000
Single Storey Terraced JLN CENDANA
1,539 sqft · RM 182.00 PSF
Feb 2024
2,250 sqft
1 units Single Storey Terraced
RM 330,000
JALAN SERI RAYA 6
2,239 sqft · RM 147.00 PSF
Aug 2024
3,200 sqft
2 units Single Storey Terraced
RM 280,000
JALAN SERI RAYA
3,218 sqft · RM 87.00 PSF
Nov 2024
RM 380,000
JLN SRI MAHKOTA
3,218 sqft · RM 118.00 PSF
May 2024
3,600 sqft
2 units Single Storey Semi-D
RM 290,000
LORONG SRI MAHKOTA 1
3,595 sqft · RM 81.00 PSF
Oct 2024
RM 380,000
JLN SRI MAHKOTA 1
3,595 sqft · RM 106.00 PSF
Aug 2024
4,900 sqft
1 units Single Storey Semi-D
RM 540,000
JLN SRI MAHKOTA
4,919 sqft · RM 110.00 PSF
Apr 2024