TAMAN DESA MOLEK in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, with a median price of RM 215K and a median price per square foot (PSF) of RM 179.
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 215K, with most transactions falling within a stable range of RM 190K to RM 240K, and a typical market range of RM 193K to RM 238K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 179, with core pricing between RM 159 and RM 199. Market pricing typically extends from RM 159.00 to RM 199.00, 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.
