| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 2/1
|
RM 140,000
|
RM 117
|
1,195 sqft
|
|
|
|
Lorong 1
|
RM 155,000
|
RM 130
|
1,195 sqft
|
|
|
|
Jalan Molek 2/1
|
RM 180,000
|
RM 149
|
1,206 sqft
|
|
|
|
Bl0K E
|
RM 180,000
|
RM 151
|
1,195 sqft
|
|
|
|
Jalan Molek 2/1
|
RM 170,000
|
RM 141
|
1,206 sqft
|
|
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Market Snapshot
ResidentialRM 170,000
RM 141 psfMedian transaction price
Ayer Molek, Malacca, Malaysia
MapsRum Awam Air Molek in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 170K and a median price per square foot (PSF) of RM 141.
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 170K, with most transactions falling within a stable range of RM 155K to RM 180K, and a typical market range of RM 154K to RM 180K.
Most transactions involved low-cost house, with minimal variety in property types.
For price per square foot, the median is RM 141, with most transactions between RM 128 and RM 154. The usual range is RM 127.51 to RM 154.51, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
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.