TAMAN MOLEK RESIDEN

Area Intelligence
2021
Median Price
RM 408,000
PSF: RM 272

Residential PSF Trends

Median Price

RM 408,000

PSF: RM 272

Commercial PSF Trends

Median Price

RM 788,000

RM 469 PSF

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, with a median price of RM 408K and a median price per square foot (PSF) of RM 272.

This area contains both residential and commercial properties. View 93 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 408K, with most transactions falling within a stable range of RM 381K to RM 522K, and a typical market range of RM 381K to RM 452K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 272, though individual units vary from RM 213 to RM 331 in the core range. The broader market spans RM 254.88 to RM 289.13, indicating diverse property characteristics. The spread of RM 34.25 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MOLEK RESIDEN, Melaka Tengah, Melaka

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Transactions

7 transactions found

RM 381,000
JALAN MR
1,399 sqft RM 272.00 PSF
RM 408,000
JALAN MR
1,421 sqft RM 287.00 PSF
RM 459,000
JALAN MR
1,765 sqft RM 260.00 PSF
RM 584,000
JALAN MR
3,498 sqft RM 167.00 PSF
RM 702,000
JALAN MR
5,339 sqft RM 131.00 PSF
RM 381,000
MOLEK RESIDENCE
1,399 sqft RM 272.00 PSF
RM 408,000
TAMAN MOLEK RESIDEN
1,421 sqft RM 287.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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