TAMAN AYER MOLEK FASA 1 & 2

TAMAN AYER MOLEK FASA 1 & 2 in Melaka Tengah, Melaka recorded 2 subsale transactions in 2023, with a median price of RM 255K and a median price per square foot (PSF) of RM 166.

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 255K, with most transactions falling within a stable range of RM 210K to RM 300K, and a typical market range of RM 204K to RM 306K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 166, with core pricing between RM 148 and RM 184. Market pricing typically extends from RM 147.38 to RM 183.63, reflecting moderate variation in unit pricing. With an IQR of RM 36.25 and MAD of RM 18, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.