Melaka
Melaka Tengah
Ayer Molek
TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN

Area Intelligence

2023

Median Price

RM 431,000

PSF: RM 308

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Residential PSF Trends

Median Price

RM 431,000

PSF: RM 308

Commercial PSF Trends

Median Price

RM 788,000

RM 469 PSF

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 19 subsale transactions in 2023, with a median price of RM 431K and a median price per square foot (PSF) of RM 308.

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 431K, with most transactions falling within a stable range of RM 431K to RM 438K, and a typical market range of RM 431K to RM 458K.

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 308, with most transactions between RM 304 and RM 312. The usual range is RM 290.88 to RM 325.13, 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 4 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.

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TAMAN MOLEK RESIDEN, Melaka Tengah, Melaka

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Transactions

13 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 431,000

MOLEK RESIDENCE

1,399 sqft · RM 308 PSF

Dec 2023

RM 431,000

MOLEK RESIDENCE

1,399 sqft · RM 308 PSF

Dec 2023

RM 431,000

JALAN MR

1,399 sqft · RM 308 PSF

Oct 2023

RM 431,000

JALAN MR

1,399 sqft · RM 308 PSF

Sep 2023

RM 431,000

JALAN MR

1,399 sqft · RM 308 PSF

Aug 2023

RM 431,000

JALAN MR

1,399 sqft · RM 308 PSF

Jul 2023

MOLEK RESIDENCE	RM 431,000	RM 308	1,399 sqft	Dec 2023
MOLEK RESIDENCE	RM 431,000	RM 308	1,399 sqft	Dec 2023
JALAN MR	RM 431,000	RM 308	1,399 sqft	Oct 2023
JALAN MR	RM 431,000	RM 308	1,399 sqft	Sep 2023
JALAN MR	RM 431,000	RM 308	1,399 sqft	Aug 2023
JALAN MR	RM 431,000	RM 308	1,399 sqft	Jul 2023