Melaka
Melaka Tengah
Ayer Molek
TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN

Area Intelligence

2024

Median Price

RM 436,000

PSF: RM 312

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Residential PSF Trends

Median Price

RM 436,000

PSF: RM 312

Commercial PSF Trends

Median Price

RM 813,000

RM 484 PSF

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 34 subsale transactions in 2024, with a median price of RM 436K and a median price per square foot (PSF) of RM 312.

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 436K, with most transactions falling within a stable range of RM 507K to RM 558K, and a typical market range of RM 507K to RM 480K.

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 312, though individual units vary from RM 185 to RM 439 in the core range. The broader market spans RM 294.88 to RM 329.13, indicating diverse property characteristics. A wider spread (IQR: RM 34.25) and deviation (MAD: RM 127) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MOLEK RESIDEN, Melaka Tengah, Melaka

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