Melaka
Melaka Tengah
Ayer Molek
TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN

Area Intelligence

2022

Median Price

RM 404,000

PSF: RM 286

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Residential PSF Trends

Median Price

RM 404,000

PSF: RM 286

Commercial PSF Trends

Median Price

RM 788,000

RM 469 PSF

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 28 subsale transactions in 2022, with a median price of RM 404K and a median price per square foot (PSF) of RM 286.

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 404K, with most transactions falling within a stable range of RM 374K to RM 434K, and a typical market range of RM 360K to RM 448K.

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 286, with most transactions between RM 265 and RM 307. The usual range is RM 268.88 to RM 303.13, 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 21 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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MOLEK RESIDEN, Melaka Tengah, Melaka

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Transactions

28 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)

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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 2022

RM 431,000

JALAN MR

1,399 sqft · RM 308 PSF

Nov 2022

RM 431,000

JALAN MR

1,399 sqft · RM 308 PSF

Oct 2022

RM 420,000

JALAN MR

1,399 sqft · RM 300 PSF

Oct 2022

RM 420,000

MOLEK RESIDENCE

1,399 sqft · RM 300 PSF

Sep 2022

RM 447,000

JALAN MR

1,421 sqft · RM 315 PSF

Sep 2022

MOLEK RESIDENCE	RM 431,000	RM 308	1,399 sqft	Dec 2022
JALAN MR	RM 431,000	RM 308	1,399 sqft	Nov 2022
JALAN MR	RM 431,000	RM 308	1,399 sqft	Oct 2022
JALAN MR	RM 420,000	RM 300	1,399 sqft	Oct 2022
MOLEK RESIDENCE	RM 420,000	RM 300	1,399 sqft	Sep 2022
JALAN MR	RM 447,000	RM 315	1,421 sqft	Sep 2022