Melaka
Melaka Tengah
Ayer Molek
TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN

Area Intelligence

2024

Median Price

RM 618,000

PSF: RM 317

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Residential PSF Trends

Median Price

RM 618,000

PSF: RM 317

Commercial PSF Trends

Median Price

RM 788,000

RM 469 PSF

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 5 subsale transactions in 2024, priced between RM 500K and RM 750K, with a median price of RM 618K and a median price per square foot (PSF) of RM 317.

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 618K, with most transactions falling within a stable range of RM 564K to RM 636K, and a typical market range of RM 574K to RM 636K.

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

The median PSF stands at RM 317, with core pricing between RM 271 and RM 364. Market pricing typically extends from RM 300.08 to RM 334.33, reflecting moderate variation in unit pricing. With an IQR of RM 34.25 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MOLEK RESIDEN, Melaka Tengah, Melaka

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