TAMAN MOLEK RESIDEN

Area Intelligence
2024
Median Price
RM 629,000
PSF: RM 199

Residential PSF Trends

Median Price

RM 629,000

PSF: RM 199

Commercial PSF Trends

Median Price

RM 788,000

RM 469 PSF

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 4 subsale transactions in 2024, with a median price of RM 629K and a median price per square foot (PSF) of RM 199.

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 629K, with most transactions falling within a stable range of RM 618K to RM 951K, and a typical market range of RM 618K to RM 673K.

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 199, though individual units vary from RM 143 to RM 254 in the core range. The broader market spans RM 181.38 to RM 215.63, indicating diverse property characteristics. A wider spread (IQR: RM 34.25) and deviation (MAD: RM 56) 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.

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TAMAN MOLEK RESIDEN, Melaka Tengah, Melaka

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Transactions

4 transactions grouped by size

3,100 sqft
Double Storey Terraced
RM 618,000
MOLEK RESIDENCE
3,089 sqft · RM 200 PSF
3,150 sqft
Double Storey Terraced
RM 622,000
JALAN MR
3,154 sqft · RM 197 PSF
3,250 sqft
Double Storey Terraced
RM 636,000
JALAN MR
3,240 sqft · RM 196 PSF
4,200 sqft
Double Storey Semi-D
RM 1,368,000
JALAN TUN KUDU
4,198 sqft · RM 326 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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