| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ayer Molek 1/6
|
RM 250,000
|
RM 228
|
1,098 sqft
|
|
|
Jalan Molek 1
|
RM 260,000
|
RM 169
|
1,539 sqft
|
|
|
Jalan Molek 1
|
RM 330,000
|
RM 103
|
3,197 sqft
|
|
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Market Snapshot
ResidentialRM 260,000
RM 169 psfMedian transaction price
Rumah Awam Ayer Molek Fasa 1, 75460 Ayer Molek, Malacca, Malaysia
MapsTaman Ayer Molek Fasa 1 & 2 in Melaka Tengah, Melaka recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 260K and a median price per square foot (PSF) of RM 169.
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 260K, with most transactions falling within a stable range of RM 250K to RM 296K, and a typical market range of RM 250K to RM 314K.
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 169, though individual units vary from RM 118 to RM 220 in the core range. The broader market spans RM 148.54 to RM 189.29, indicating diverse property characteristics. A wider spread (IQR: RM 40.75) and deviation (MAD: RM 51) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.