TAMAN MOLEK RESIDEN

TAMAN MOLEK RESIDEN in Melaka Tengah, Melaka recorded 31 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 286.

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 420K, with most transactions falling within a stable range of RM 339K to RM 501K, and a typical market range of RM 374K to RM 466K.

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

The median PSF stands at RM 286, with core pricing between RM 241 and RM 331. Market pricing typically extends from RM 272.50 to RM 299.50, reflecting moderate variation in unit pricing. The spread of RM 27.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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.