TAMAN DESA MOLEK in Melaka Tengah, Melaka recorded 12 subsale transactions in 2022, with a median price of RM 208K and a median price per square foot (PSF) of RM 159.
This area contains both residential and commercial properties. View 32 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 208K, with most transactions falling within a stable range of RM 183K to RM 233K, and a typical market range of RM 185K to RM 230K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 159, with core pricing between RM 139 and RM 179. Market pricing typically extends from RM 139.00 to RM 179.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 20, 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.
