Melaka
Melaka Tengah
Ayer Molek
TAMAN DESA MOLEK

TAMAN DESA MOLEK

Area Intelligence

2023

Median Price

RM 290,000

PSF: RM 118

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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 118

TAMAN DESA MOLEK in Melaka Tengah, Melaka recorded 1 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 118.

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.

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

For price per square foot, the median is RM 118, with most transactions between RM 118 and RM 118. The usual range is RM 98.00 to RM 138.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 0 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DESA MOLEK, Melaka Tengah, Melaka

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