TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 7 subsale transactions in 2021, priced between RM 300K and RM 750K, with a median price of RM 408K and a median price per square foot (PSF) of RM 186.

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 186, though individual units vary from RM 134 to RM 238 in the core range. The broader market spans RM 168.69 to RM 202.94, indicating diverse property characteristics. A wider spread (IQR: RM 34.25) and deviation (MAD: RM 52) indicate significant PSF variations, likely due to diverse property types or conditions.

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.