Melaka
Melaka Tengah
Ayer Molek
TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN

Area Intelligence

2021

Median Price

RM 408,000

PSF: RM 272

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Residential PSF Trends

Median Price

RM 408,000

PSF: RM 272

Commercial PSF Trends

Median Price

RM 788,000

RM 469 PSF

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 5 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 381K to RM 436K, 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.

For price per square foot, the median is RM 272, with most transactions between RM 262 and RM 282. 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 10 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

5 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 381,000

JALAN MR

1,399 sqft · RM 272 PSF

Dec 2021

RM 408,000

JALAN MR

1,421 sqft · RM 287 PSF

Dec 2021

RM 381,000

MOLEK RESIDENCE

1,399 sqft · RM 272 PSF

Dec 2021

RM 408,000

TAMAN MOLEK RESIDEN

1,421 sqft · RM 287 PSF

Dec 2021

JALAN MR	RM 381,000	RM 272	1,399 sqft	Dec 2021
JALAN MR	RM 408,000	RM 287	1,421 sqft	Dec 2021
MOLEK RESIDENCE	RM 381,000	RM 272	1,399 sqft	Dec 2021
TAMAN MOLEK RESIDEN	RM 408,000	RM 287	1,421 sqft	Dec 2021