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 389K to RM 427K, and a typical market range of RM 364K to RM 452K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 272, with most transactions between RM 258 and RM 286. The usual range is RM 254.88 to RM 289.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.25 and an average deviation (MAD) of RM 14 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
