| Road | Price | PSF | Size | Date | Type |
|---|
|
Rumah Awam Ayer Molek
|
RM 165,000
|
RM 138
|
1,195 sqft
|
|
|
|
Blok J
|
RM 140,000
|
RM 116
|
1,206 sqft
|
|
|
|
Jalan Ra Ayer Molek
|
RM 130,000
|
RM 109
|
1,195 sqft
|
|
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Market Snapshot
ResidentialRM 140,000
RM 116 psfMedian transaction price
Ayer Molek, Malacca, Malaysia
MapsRum Awam Air Molek in Melaka Tengah, Melaka recorded 3 subsale transactions in 2022, with a median price of RM 140K and a median price per square foot (PSF) of RM 116.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 140K, with most transactions falling within a stable range of RM 130K to RM 155K, and a typical market range of RM 130K to RM 156K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 116, with core pricing between RM 104 and RM 129. Market pricing typically extends from RM 102.63 to RM 129.63, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 12, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.