TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 7 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 87 residential properties or 12 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 522K, and a typical market range of RM 381K to RM 454K.

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 272, though individual units vary from RM 213 to RM 331 in the core range. The broader market spans RM 258.50 to RM 285.50, indicating diverse property characteristics. The spread of RM 27.00 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.

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.